Indian markets closed higher on Friday, led by pharma and auto stocks. The Nifty ended at 24,131, with a range-bound movement between 23,900-24,400. The 50-DMA and 89-DMA are acting as resistance, while 23,900-24,000 is the support level.
What is Sebi’s new NSEL settlement scheme, and how will it benefit stock brokers?
Sebi has introduced a one-time settlement scheme for brokers involved in the NSEL scam, offering a capped penalty and optional debarment in exchange for resolving