Raipur (Chhattisgarh) [India], July 9 (HBTV): The Chhattisgarh government has notified an amendment to the Chhattisgarh Civil Services (Conduct) Rules, 1965, allowing state government employees to invest in shares, securities, debentures, and mutual funds, in line with the provisions applicable to Central Government employees.

The General Administration Department has introduced a new sub-clause under Rule 19 to implement this amendment, aimed at ensuring greater transparency in financial transactions by public servants.

However, the notification clearly states that intra-day trading, Buy Today Sell Tomorrow (BTST), Futures and Options (F&O), and investments in cryptocurrencies will remain prohibited for government employees.

Earlier on Tuesday, the Nifty closed 88 points lower, while the Sensex ended the day 288 points down. Among sectors, the Metal index outperformed, gaining 1.41 per cent, while the Realty index was the worst performer, shedding 1.44 per cent.

India’s strong domestic fundamentals, a responsive Reserve Bank of India, and favourable monsoon conditions have been supporting the financial markets. With U.S. markets hitting all-time highs and the weakening of the U.S. dollar, emerging markets like India are witnessing capital inflows. A stable inflation rate in India has also provided some support to the domestic equity indices.

(ANI)