Zee Biz Exclusive: Market regulator Sebi cracks down on market manipulators
As per sources, Sebi had received alerts that some operators in collusion with promoters of a few companies with almost no business and liquidity were pumping up the share prices of companies. These manipulators were mainly using social media platforms to lure investors with huge returns. This manipulation has been going on for many months.
Sebi had secured a search warrant against seven stock manipulators. The mastermind of the scam is from Kolkata. Photo: File/Representational