Illegal trading gains of Rs 3.06 crore are to be impounded, Sebi said in its order. Besides the two Infosys executives mentioned above, the other individuals and entities barred are Amit Bhutra, Bharath C Jain, Manish Champalal, Ankush Bhutra, Capital One Partners and Tesora Capital.
Another bullish day may lift Nifty above 15,300
May 25, 2021
Declining Covid cases, positive global cues to boost sentiment
Positive global cues coupled with declining Covid-19 cases will likely keep the bull momentum going for the Indian markets on Tuesday as well. However, according to analysts, markets will see heightened volatility due to expiry of May month derivative contracts on the NSE on Thursday. According to them, the current trend in F&O suggests better rollover of long positions.
The SGX Nifty futures is currently ruling at 15,333 (8 am IST) and indicates at least a 100-point gap-up opening for Nifty. The Nifty May and June futures on Monday closed at 15,202.65 and 15,230.95 respectively.