Nifty ends at 8565, Sensex down 62 points

Mumbai: The Sensex ended at 28236.39, down 61.74 points while the Nifty was at 8564.60, down 24 points. BHEL lost 6 per cent.

As it continues its fight against suspected illicit funds being routed through stock markets, Sebi has initiated an internal study of suggestions made by the Supreme Court-appointed SIT on black money and the matter would be discussed by the regulator's board later this month.

This comes at a time when Sebi has already acted against over 950 domestic entities for suspected tax evasion through stock exchange platform, while at least 25 offshore entities are under its scanner for providing investment services to corporates and High Networth Individuals (HNIs) in a clandestine manner.