Sebi

Sensex, Nifty hit record highs, boosted by auto, energy, banking sectors

India’s benchmark indices surged to all-time highs on Friday, driven by strong gains across the auto, energy, and banking sectors. The Sensex jumped 1,360 points, or 1.63%, to close at 84,544, while the Nifty added 375 points, or 1.48%, to settle at 25,791. The Nifty briefly touched 25,806 during the trading session before paring some of its gains. All sectoral indices posted gains, with auto, energy, banking, capital goods, FMCG, power, telecom, realty, and metals advancing between 1% and 3...

September 13, 2024 6:27 PM

SEBI Chief and husband reject allegations as “false, malicious, and motivated”

SEBI Chairperson Madhabi Puri Buch and her husband Dhaval Buch have dismissed recent accusations against them, describing the claims as "false, incorrect, malicious, and motivated." In a joint statement released on Friday, the couple responded to allegations concerning their financial disclosures, insisting there was no merit to the claims. The allegations, centered around the couple’s Income Tax Returns, were refuted in the six-page statement, which emphasized that all relevant matters had b...