With the stock market moving closer to new record peaks, watchdog SEBI and the stock exchanges have enhanced their guard against manipulators. The regulating authority as well as the bourses, which act like first-stage regulators in the stock market, have expanded their vigil for all kinds of stock manipulating attempts, including circular trading, insider trading and pushing up share prices through rumour-mongering.

Sources close to the development said that authorities are being extra-cautious this time, as a number of manipulating activities were noticed in the previous bull run, when the market benchmark Sensex had hit a record peak in early 2008.

The Sensex had scaled an all-time peak of 21,206.77 points on January 10, but after a sharp meltdown thereafter, which continued till March, 2009, it fell to near 8,000 points.

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Category : SEBI (2946)
Type : News (13853)
Tags : BSE (103) NSE (64) sensex (34)

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