SAT stays Sebi order against IIFL Securities till further notice; stock surges 6%
MUMBAI – In an interim relief to IIFL Securities, the Securities Appellate Tribunal (SAT) on Tuesday stayed the order passed by the Securities and Exchange Board of India (Sebi) against the brokerage, barring it from onboarding any new clients for two years. The stay order bolstered the shares, which surged more than 6% to the … Read more