In its probe, SEBI observed that funds of credit balance clients were mis-utilized for meeting the obligations of debit balance clients and/or for its own purpose. The amount of misutilization ranged ...

At close, the Sensex gained 0.3 per cent (226.85 points) to 76,759.81, while the Nifty rose 0.3 per cent (86.4 points) to 23,249.5.

United Parcel Service forecast revenue of $89 billion for this year, compared with the analysts expectation of $94.9 billion ...