Since Covid-19 lows, the average intermediate corrections have been to the tune of 8-10%. With an 8% correction already in place amid oversold conditions, coupled with the outperformance of Bank Nifty.
Sebi fines 11 entities Rs 4 cr for share price manipulation
Markets regulator Sebi on Wednesday imposed a penalty totalling Rs 3.87 crore on 11 individuals for manipulating the share price of Darshan Orna Ltd (DOL)