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The broader NSE Nifty briefly reclaimed the 12,000 level, before finishing at 11,966.05, showing a gain of 48.85 points, or 0.41 per cent.
Letters from an anonymous group alleged that CEO Parekh was bypassing reviews and approvals for large deals, the report added.
Extending its euphoria over government's economy-boosting measures, equity benchmark BSE Sensex soared over 1,300 points to reclaim the 39,000 mark in early session on Monday.
After gyrating 626 points, the 30-share BSE Sensex ended 470.41 points, or 1.29 per cent, lower at 36,093.47.
The macroeconomic data on GDP, core sectors and auto sales indicating the deepening economic rout in the country is partly the reason for the bearish spirits.
When the Reserve Bank of India, with its long standing reputation of parsimony, decided to transfer a surplus fund of Rs 176,000 crore to the India government, many were taken aback.
BSE benchmark Sensex skyrocketed 793 points on Monday, led by gains in banking stocks after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy.
In a highly volatile trade, the rupee opened at 70.20 at the interbank forex market and touched a low of 70.59 and a high of 70.18 against the American currency.
On the basis of country of incorporation, as on March 31, 2019, a total of 9,390 FPIs were registered in India from 59 different countries with a total Asset under custody (AUC )of Rs 33,42,680 crore, SEBI data shows.
Proposed in the Union Budget on July 5, the higher tax surcharge on the super-rich will affect over 40 to 50 per cent of the Foreign Institutional Investors (FPIs).