Sebi imposed a ₹5 crore penalty on Indian Clearing Corporation (ICCL) for non-compliance with cyber and network audit norms. ICCL failed to maintain updated inventory records, identify critical assets, and address cyber audit observations within the prescribed timelines.
Investors should stay selective as IT, banking show mixed signals: Sandip Sabharwal
Indian IT stocks are seeing a rally but may offer modest returns. Banks, especially large private and PSU banks, are expected to perform well. NBFCs
