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.

This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.