Front-running case: Sebi bans 9 entities from mkt, impounds illegal gains of over  ₹21 cr | Stock Market News

Front-running case: Sebi bans 9 entities from mkt, impounds illegal gains of over ₹21 cr | Stock Market News

Source: Live Mint Market regulator Sebi has uncovered a front-running scheme involving PNB MetLife India Insurance Company equity dealer Sachin Bakul Dagli and eight other entities, who generated illegal gains of ₹21.16 crore. The front-running by these entities continued for more than three years. Sebi, through an interim order, prohibited Sachin and eight other entities…

Read More
Oil gains nearly 2% on hurricane impact, US Fed rate cut expectations; brent crude at .01/bbl | Stock Market News

Oil gains nearly 2% on hurricane impact, US Fed rate cut expectations; brent crude at $73.01/bbl | Stock Market News

Source: Live Mint Oil prices increased by approximately 2% on Monday, driven by ongoing disruptions to U.S. Gulf oil infrastructure, which offset persistent concerns about demand following new data from China. Investors are also anticipating a potential reduction in U.S. interest rates later this week. By 1315 GMT, Brent crude futures for November rose by…

Read More