Rupa and Company Case: Sebi penalises two entities for violating insider trading norms

Rupa and Company Case: Sebi penalises two entities for violating insider trading norms

Capital markets regulator Sebi has levied penalties totalling Rs 20 lakh on two entities for flouting insider trading norms in the shares of Rupa and Company Ltd (RCL). The regulator imposed a fine of Rs 10 lakh each on Sushil Patwari (Independent Director of RCL) and Nagreeka Capital and Infrastructure Ltd (NCIL). The order came … Read more

Ahead of Market: 10 things that will decide D-Street action on Thursday

Ahead of Market: 10 things that will decide D-Street action on Thursday

Indian equities ended Wednesday’s session on a positive note ahead of the US Fed meeting outcome in the later hours. Nifty managed to end above 19,750 levels, up 0.5%, or 98 points. Among the sectoral indices, Nifty PSU Bank, FMCG, and Realty gained the most, while Nifty Consumer Durable and Auto Index ended in the … Read more