IIFL Securities shares surge 14% to hit 52-week high on SAT relief
SAT has also reduced the penalty imposed on the company to ₹20 lakh from ₹1 crore earlier
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Sensex, Nifty to open flat ahead of RBI policy; Zomato, IRCON, IIFL Sec, rate sensitive stocks eyed
The BSE Sensex and Nifty50 are likely to open flat as GIFT Nifty was down 7 points, indicating a gap down opening for the bourses.
SAT sets aside SEBI order barring IIFL Securities from onboarding new clients
SAT order says there has been no “misuse” of client funds and no failure in segregation of client monies
New-age companies missing from analysts' Diwali picks
None of the consumer tech companies like Nykaa, Paytm, and Zomato makes into Diwali 2023 pick by Axis Securities, IIFL Securities, and Kotak Securities.
SAT stays SEBI order against IIFL Securities, stock rises over 5%
SEBI order last week barred IIFL Securities from taking new clients for two years over violations of its code of conduct
IIFL Securities crashes 18% on SEBI's order to ban onboarding new clients for 2 years
The broking firm said that the SEBI’s order does not affect its current business with the existing clients and it will appeal before SAT.
SEBI bans IIFL Securities from onboarding new clients for 2 years
IIFL Securities didn’t clearly label ‘client accounts’ and also mixed clients’ funds with its own funds before using those for its own proprietary usage, says SEBI
