SEBI’s CAS Will Help Detect Market Manipulators, Vows “Strict Action”
SEBI said the firms placed aggressive buy and sell orders that were later cancelled, distorting the closing price and prompting fines of 3.7 crore rupees.
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Sebi bars two entities from markets over manipulation in CAS, orders ₹3.68 crore disgorgement
Sebi said Copthall Mauritius Investment and Mansi Share and Stock Broking had manipulated the closing auction session on 13 August, which was a weekly Sensex expiry day for derivatives contracts
Sebi flags manipulative trades during CAS on Sensex expiry day, fines two entities
Sebi issued an interim order against Copthall Mauritius and Mansi Share and Stock Broking for manipulative trading during the August 13, 2026, Closing Auction Session. The regulator impounded Rs 3.67 crore in alleged wrongful gains from these two entities.
SEBI chief warns against manipulation of new closing auction system, says strict action will follow
SEBI Chairman Tuhin Kanta Pandey emphasized strict action against manipulation of the new Closing Auction Session (CAS) mechanism, aiming for transparency in trading and improved participation. He also highlighted upcoming data releases and measures to enhance market stability and investor protection.
SEBI Chairman Warns of Strict Action Against Closing Auction Session Manipulation, Says Detection Stronger Than Old VWAP
Get latest articles and stories on Business at LatestLY. Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has warned market participants against attempts to manipulate the cash market through the new Closing Auction Session (CAS), saying the regulator's ability to detect such activity is stronger than under the earlier VWAP system. Business News | SEBI Chairman Warns of Strict Action Against Closing Auction Session Manip…
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