Key Points
Markets regulator Sebi on Friday barred eight entities from the securities markets and seized unlawful gains of Rs 1.3 crore earned by them from front-running activities...
Front-running refers to an illegal practice in the stock market where an entity trades based on advance information from a broker or analyst before the information has been made available to its clients...
In its 77-page order, Sebi found that Ashok Maheshwari was instrumental in supplying the information about the impending trades of the Big Client to Darshan Bakul Shah and such information was utilised to execute front running trades..
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