This was Sebi’s first board gathering after the emergence of conflict-of-interest allegations directed at the regulator’s chair, Madhabi Puri Buch. Sebi’s press statement issued late evening remained silent on allegations against Buch and HR issues raised by its employees.
US stocks: Nasdaq, S&P end lower in volatile session as tech stocks retreat
Tech stocks pulled down the Nasdaq and S&P 500 due to valuation worries and concerns over AI spending, falling crude prices bolstered airlines and travel