Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high

Web Exclusive Premium OMC stocks are under pressure Oil prices surged for the 6-consectuive week, climbing a 3-month high post displaying a strong accumulation near $70 per barrel from March to June of this year.  This is the sharpest and straight up jump the Brent Crude has observed following an intense sell-off since… Continue reading Bears may tighten grip on OMC stocks as Crude Oil trades at 6-week high

Sebi slaps Rs 30 lakh fine on 6 for indulging in non-genuine trades

Capital markets regulator Sebi has slapped fines totalling Rs 30 lakh on six entities for indulging in non-genuine trade in the illiquid stock options segment on the BSE. In six separate orders on Monday, the regulator imposed a fine of Rs 5 lakh each on Shrenil L Zaveri, Skyrail Logistics, New Star System… Continue reading Sebi slaps Rs 30 lakh fine on 6 for indulging in non-genuine trades