The new framework separately provides for disgorgement of wrongful gains, loss avoided or loss caused to investors, removing the existing double counting of such amounts when calculating settlement terms

The 30-share BSE Sensex surged 879.09 points, or 1.23 per cent, to settle at 72,472.33. The 50-share NSE Nifty soared 288.65 points, or 1.30 per cent, to end at 22,520.45