India’s markets regulator, SEBI, is investigating six IndusInd Bank officials for potential insider trading. The probe focuses on whether these officials sold stock options with knowledge of undisclosed accounting irregularities. SEBI is examining the timing of trades and has requested a report from the bank regarding the accounting lapses and delayed disclosure, which led to executives stepping down.
F&O Talk: Nifty charts suggest further consolidation; Sudeep Shah’s strategy on Cohance, HEG and 4 more stocks
Indian markets corrected amid volatility, with Nifty entering a consolidation phase after a sharp April rally. Technical indicators suggest a range-bound trend with key support