Brokers need to be cautious against manipulations in stock market: Sebi

Posted on:
Key Points

Varshney. on Saturday cautioned against manipulations in the capital market and urged brokers to keep a tab and prevent such instances..

There is a trend of rising participation of investors in the securities market, which is also expected to contribute significantly to the country's pursuit to become a developed economy...

Total demat accounts rose to 13.9 crore at the end of December 2023, a growth of 20 per cent in nine months and doubled the number in two-and-half years...

Speaking at an event in the national capital, Varshney emphasised the importance of investor trust and said that if there is no trust of investors, "everything will fail"...

Some brokers are involved and the broker community should keep an eye as "bad elements can come into the system", he said.. Clamping down on misdoings, the markets watchdog has been taking action against various entities for manipulations, including front-running activities...

You might be interested in

Sebi using AI for investigations, says official

24, Feb, 24

In response to a question by PTI on whether Sebi is using AI, Varshney said, we are using Al for investigations... and also using for a lot of things .