JP Morgan Chase Bank has agreed to pay 34 lakh rupees to Sebi following violations related to foreign portfolio investor laws. Their missteps include issuing FPI licenses to firms lacking proper UK registration and not accurately verifying the status of certain entities. Compounding these issues were significant delays in merger reporting, which further illuminated the compliance shortcomings.
F&O Talk | Nifty grapples with dead cat bounce syndrome as pullbacks get sold. Sudeep Shah on Olectra, IDBI, 4 more stocks
Indian stock markets closed higher Friday, boosted by IT, auto, and metal sectors, though banking stocks capped gains. Analysts express caution due to ongoing West
March 21, 2026