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The Minister of State for Finance informed Parliament that the Securities and Exchange Board of India (SEBI) has not received any specific information regarding unfair trading activities related to the stock market fall on June 4, which coincided with election result day. Despite representations made to SEBI, no evidence of unfair trading was found. The market experienced a significant decrease in market capitalization, amounting to approximately Rs 30 lakh crore.
Federal regulators have told Congress that the administration is struggling to get a handle on broker fraud due to a lack of data as well as jurisdictional issues. https://t.co/AeiXvFQNWV
MoS for Finance @mppchaudhary says SEBI has not received any specific information on any 'unfair trading' in connection with the fall of stock prices on June 4. In a written reply to Lok Sabha, Mr Chaudhary informs that decrease of around Rs 30 lakh cr in market capitalisation…
SEBI Didn't Get Specific Info On Unfair Trading On Poll Results Day: Minister https://t.co/sjIzXLJf6W https://t.co/0nYigaq8eZ
