Several parts of the country have started to see temperatures exceed the 40 degrees Celsius mark over the past few days, which has gradually started pushing India's peak power demand. From an 182.6 GW demand on Holi (March 25), India's power demand on March 28 was recordedĀ at 215.3 GW. The peak shortage or the demand that could not be met on March 28 was 353 MW.
Open FlipMajor Chinese property developer Country Garden expects to suspend trading of its Hong Kong-listed shares, the company said in a filing on Thursday, highlighting unprecedented challenges gripping the country's debt-saddled real estate sector. Country Garden is among several of China's largest developers to face setbacks in recent years, along with Evergrande and Vanke.
Open FlipNational Stock Exchange, on March 28, issued a circular announcing revisions in the market lot sizes of derivative contracts for 54 individual stocks among the 182 stocks with such contracts. The derivative lot size for 42 stocks will be decreased, effective from April 26 for expiries in May 2024 and beyond. Key stocks impacted include Adani Ports, Bharti Airtel, BHEL, SBI, and L&T.
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