Sebi has ordered Mishtann Foods to return nearly Rs 100 crore misappropriated through dubious transactions. The regulator found that the company engaged in circular trading with shell entities controlled by its directors. Key individuals have been barred from trading for two years.
Dharmesh Shah sees strong support at 25,500–25,700; expects Nifty to rebound towards 26,100 soon
Indian markets saw pressure with Nifty dipping below key support. Analysts believe this is a healthy correction within a bull trend. Nifty is expected to