SEBI board member Kamlesh Varshney alleged Copthall Mauritius Investment and Mansi Share and Stock Broking over manipulative trading pattern on a newly launched closing-price mechanism.
The Nifty 50 rose 1.08 percent to 22,409.15 while the BSE Sensex gained 1 percent to 73,860.7 respectively, as of 10:22 AM, after initial rise of 1.9 percent in the morning.
Foreign institutional investors saw record net outflows of Rs 1.14 lakh crore in October. Yet domestic investors pumped in nearly that amount, preventing a further fall in the stock market.
Adani Group companies experienced a decline of up to 4 percent Monday, with Adani Wilmar being the biggest loser, dropping by 4.1 percent to close at Rs 369.35.
Factors influencing the bearish trend in Indian markets include appreciation of Japanese Yen against US dollar, fears of a possible recession in US and rising geopolitical tensions.
A crucial IMF package, commitment to fiscal discipline & historic corporate profits meant investors in KSE-100 index would’ve earned far higher returns than from investing in Sensex.
Years of high disinvestment led to public sector company stocks falling even when overall markets were rising. Govt’s easing back on disinvestment has helped turn this around.
The Nifty 50 was up 0.30% at 17,610.20 as of 11:01 a.m. IST, while the S&P BSE Sensex rose 0.32% to 59,882.93. Both benchmarks had fallen 0.3% ahead of the RBI's rate decision.
SEBI board member Kamlesh Varshney alleged Copthall Mauritius Investment and Mansi Share and Stock Broking over manipulative trading pattern on a newly launched closing-price mechanism.
ThePrint has learnt that more than one woman fighter pilot were involved in targeting military locations during the 87-hour conflict with Pakistan last year.
Forty years ago this week, ‘Khalistan Commando Force’ assassins were closing in on Gen Vaidya. So callous was the security of the just-retired Army chief that he was given a solitary police gunman
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