Sebi and the Securities Appellate Tribunal (SAT) took the view that the common address could be construed as “preponderance of probability” that price-sensitive information could be shared among parties. However, in April, a two-judge bench of the Supreme Court ruled that both Sebi and SAT had erred since they did not take into account family disputes.
US stock futures jump, dollar gains on tariff ruling
American stock futures saw a rise. The dollar’s value increased after a US court blocked Donald Trump’s global tariffs. The court considered the tariffs illegal.
May 29, 2025