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China Market slips 0.74%
(16:20, 23 Apr 2024)
Mainland China share market finished session lower on Tuesday, 23 April 2024, as risk sentiments undermined after reports that the head of its central bank wants creditors engaged in debt restructurings for emerging market countries to agree on how to fairly share the burden of relief.

At close of trade, the benchmark Shanghai Composite index was down 0.74%, or 22.62 points, to 3,021.98. The Shenzhen Composite Index, which tracks stocks on China's second exchange, dropped 0.19%, or 3.22 points, to 1,675.05.

The blue-chip CSI300 index declined 0.7%, or 24.68 points, to 3,506.22, with its financial sector sub-index lower by 0.09%, the consumer staples sector up 0.96%, the real estate index down 1.07% and the healthcare sub-index up 1.23%..

CURRENCY NEWS: China's yuan weakened slightly against the dollar on Monday. Prior to the market's opening, the People's Bank of China set the midpoint rate at 7.1059 per dollar, weaker than the previous fix 7.1043. The onshore yuan opened at 7.2429 per dollar and was changing hands at 7.2447 at midday, 7 pips weaker than the previous late session close and 1.95% weaker than the midpoint.

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Attention Investors

1. Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020

2. Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on
your email id and/or mobile number to create pledge.

3. Pay 20% upfront margin of the transaction value to trade in cash market segment.

4. Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191
dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

5. Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

(Issued in the interest of Investors.)

Important Message

This is to inform that, many instances were reported by general public where fraudsters are cheating general public by misusing our brand name RUDRA SHARES.
The fraudsters are luring the general public to transfer them money by falsely committing attractive brokerage / investment schemes of share market and/or Mutual Funds
and/or personal loan facilities. Though as for as possible, we initiate legal actions against the fraudsters, we request you to not fall prey to such fraudsters. You can check
about our products and services by visiting our website www.rudrashares.com. You can also write to us at compliance@rudrashares.com, to know more about products and services.

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