Shikha Gupta, approved as Sebi’s executive director during Madhabi Puri Buch’s tenure, has declined the role after initially accepting it. This rare decision prompts Sebi to restart the search process. Gupta’s appointment was previously contentious due to her HUL association, where Buch’s spouse held a senior position, and questions were raised about her capital market policy expertise.
Sensex rises over 200 points, Nifty above 24,000; Maruti Suzuki shares jump 3%
Indian stock markets rebounded on Tuesday, with both Sensex and Nifty climbing approximately 0.4% after a dip in the previous session. The Sensex surged over
June 30, 2026