Reliance Industries shares tank after SEBI's 1-year ban
Reliance Industries shares tanked by nearly 3% on Monday after markets regulator SEBI banned the company and 12 others from equity derivatives trading for one year. SEBI also directed the Mukesh Ambani-led firm to disgorge â¹1,000 crore for "unlawful gains" made through alleged fraudulent trading in a nearly 10-year-old case. Reliance Industries has said it will challenge the order.