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For what reason SEBI declares; Motilal Oswal and IIFL not â€˜fitâ€™ and â€˜properâ€™? The Securities and Exchange Board of India (SEBI) has declared the commodity broking arms of Motilal Oswal and India Infoline (IIFL) as 'not fit and proper', as part of an action in the NSEL case. These brokers were allegedly involved in i

Closing bells: Sensex fell 27 points at 35,87 The S&P BSE Sensex fell 27 points or 0.07 percent to close at 35,871 while the NSE Nifty 50 Index gained 2 points or 0.02 percent to shut shop at 10,792. JSW Steel