Economic TimesLean R·
Sebi bars two entities over alleged price manipulation
Sebi has barred two Delhi-based firms and their directors from the securities market. Wrongful gains totaling ₹28 crore were ordered impounded in a manipulation case. The regulator's action followed an analysis by the National Stock Exchange flagging abnormal trading. The entities allegedly manipulated stock futures and options prices for favorable executions. This action involved aggressive futures trades influencing options prices and subsequent reversals.
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