SEBI CAS Manipulation Fine Rs 3.7 Crore: First Crackdown on Sensex Closing Auction Fraud
Sensex moved 900 points in 42 seconds. SEBI caught them in 6 days. On August 13, something strange happened to the Sensex. Between 3:20 PM and 3:26 PM, during a brand new 20-minute trading window that most investors had barely heard of, the index jumped 362 points in two seconds, rose another 133 points in…