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The company, in its release, further stated, "Categorically deny any investigation by the Enforcement Directorate on OCL, our associates, and/or its Founder and CEO for anti-money laundering activities.
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The company's market valuation also jumped Rs 46,810.44 crore to reach Rs 17,92,872.53 crore.
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By the end of the week, the share lost some ground and closed at Rs 292.40, a gain of Rs 12.40 or 4.43 per cent. The fifth share to list was RBZ Jewellers Limited.
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The shares were picked at an average price of Rs 162 apiece on both bourses, taking the combined aggregate deal size to Rs 194.40 crore.
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Brent crude futures, the global oil benchmark, advanced 0.41 per cent to USD 90.02 per barrel.
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The stock of the company declined 2.24 per cent to end at Rs 1,431.80 apiece on the BSE, emerging as one of the biggest laggards among the Sensex shares.
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The stock of the engineering and construction conglomerate advanced 2.35 per cent to settle at Rs 3,097.35 apiece on the BSE. During the day, it climbed 2.90 per cent to reach its 52-week high of Rs 3,114.
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These allotments resulted in the issuance of shares to more than 49 shareholders in one financial year in violation of the Sebi's DIP guidelines.
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DMart had registered a revenue from operations of Rs 10,384.66 crore in the July-September quarter a year ago, Avenue Supermarts informed BSE in a regulatory filing
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NSE Clearing Ltd is a wholly-owned subsidiary of the National Stock Exchange (NSE) and Indian Clearing Corporation Ltd (ICCL) is an arm of BSE.
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It has been directed to pay the fine within 45 days, the Securities and Exchange Board of India (Sebi) said in its order.
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European markets were trading on a mixed note. The US markets ended in positive territory on Monday.
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This measure will protect traders from such incidents and align its operations with the NSE, which discontinued SL-M orders in September 2021.
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Sebi has levied penalties totalling Rs 55 lakh on 11 entities for indulging in non-genuine trades in illiquid stock options segment on the BSE
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European equities were trading mostly in the green. The US markets ended on a mixed note on Wednesday.
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Retail inflation declined to 6.83 per cent in August after touching a 15-month high of 7.44 per cent in July, mainly due to softening prices of vegetables, but still remains above the Reserve Bank's comfort zone.
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On the domestic equity market front, the BSE Sensex closed 555.75 points or 0.86 per cent higher at 65,387.16 points while the broader Nifty jumped by 181.50 points or 0.94 per cent to end at 19,435.30 points.
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According to Jateen Trivedi, VP Research Analyst at LKP Securities, the capital market experienced profit booking, particularly in the financial sector, which had an impact on the rupee's performance.
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In the Sensex pack, majority of the shares closed in the positive territory. Among the main gainers were Jio Financial Services which jumped 4.99 per cent, Tata Steel (2.09 per cent), Maruti Suzuki (1.87 per cent), M&M (1.31 per cent) and Infosys (1.19 per cent).
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Capital market regulator Sebi levied penalties totalling Rs 45 lakh on nine entities for indulging in non-genuine trades in the illiquid stock options segment on BSE.