The Securities and Exchange Board of India (Sebi) on Wednesday barred a television (TV) anchor Hemant Ghai, his wife and mother from accessing the capital markets for indulging in fraudulent trading activity. The market regulator has alleged that the three individuals pocketed nearly Rs 3 crore between January 2019 and May 2020 by dealing in stocks that were being recommended on TV show Stock 20:20 on CNBC Awaaz, a leading business news channel. The broad modus operandi of the scheme deployed by Ghai was to execute trades while taking unfair advantage of having unpublished information. In this episode of the Business Tit-Bits, our Business Editor Mr Akhilesh Bhargava shares his take.
#SEBI #HemantGhai #ShareMarket #Trading #CNBCAwaaz
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