India’s market regulator, SEBI, is tightening oversight on trading members following violation discoveries during regulatory inspections. Stock exchanges are now tasked with monitoring corrective actions taken by trading houses and brokerages. Non-compliance with SEBI’s directives will attract escalating penalties, potentially leading to a ban on new clients and trading terminal shutdowns.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader