ZEEL paid 7 lakh as a settlement fee to Sebi. The order came after ZEEL proposed to settle the pending proceedings without admitting or denying the findings of fact and conclusion of law' through a settlement order.
FIIs made a strong buying of more than 4,000 crore on Wednesday with DIIs also emerging as net buyers with an investment of over 550 crore. Sensex touched a new lifetime high, while Nifty 50 inched closer to record levels. However, the upside was limited due to global trends and delayed monsoons