Capital markets regulator Sebi on Wednesday imposed penalties totalling Rs 40 lakh on eight entities for indulging in non-genuine trades in the illiquid stock options segment on the BSE.
The broader market extended losses for a second day, with the Nifty Midcap 100 and Nifty Smallcap 100 indices falling 0.6 per cent and 1.1 per cent, respectively
Account for 24% of investors but 33% of AUM
Industry players said the sharp sell-off in February forced many companies to put off their listing plans
The brokerage initiated coverage with a 'neutral' rating on Tata Power and Torrent Power while having an 'underweight' stance on JSW Energy
The latest order came after several investors lodged complaints that their investments are stuck, as the suspension of trading in shares of BGDL prevents them from liquidating