Share Market News Today | Sensex, Nifty, Share Prices LIVE: Bulls continue to dominate Dalal Street, pushing benchmark indices to all-time highs when once again on Monday. S&P BSE Sensex closed the earlier day’s trade at 58,296 whilst NSE Nifty 50 ended at 17,377. Broader markets mirrored the up-move. Bank Nifty fell half a per cent on Monday, closing the day at 36,592. On Tuesday morning, SGX Nifty was trading flat. Cues from worldwide peers have been mixed. Major Asian stock markets have been moving in either path. Shanghai Composite, KOSPI, and KOSDAQ have been down with losses whilst Hang Seng, TOPIX, and NIkkei 225 have been up in the green. Wall Street remained closed on Monday.
Capitals markets regulator SEBI (Securities and Exchange Board of India) has banned 85 entities from capital markets for up to one year for fraudulent trading practices. In its order, the regulator restrained Sunrise Asian and its then 5 directors from the capital markets for one year and the 79 connected entities for six months. SEBI had performed an investigation in the scrip of Sunrise Asian for the period from October 16, 2012 to September 30, 2015, based on a reference received from the Principal Director of Income Tax (Investigation), Kolkata. The marketplace watchdog located that pursuant to allotment of shares below the scheme of amalgamation, Sunrise Asian and its then directors had devised an arrangement whereby 83 connected entities had manipulated the value of the scrip in 4 patches of trading through the investigation period, thereby violating PFUTP norms.