BSE SME IPO index cracks over 2% as Sebi raises eyebrows over price manipulation - News Summed Up

BSE SME IPO index cracks over 2% as Sebi raises eyebrows over price manipulation


(You can now subscribe to our(You can now subscribe to our ETMarkets WhatsApp channelMUMBAI - Stocks in the SME segment came under selling pressure following comments by Sebi chief Madhabi Puri Buch on manipulation in several stocks.Speaking on the sidelines of an event, Buch said, "We do see signs of manipulation in the SME segment. The market has given its feedback. We are working on robust evidence and feedback for action. "The S&P BSE SME IPO index plunged 2.3% to 56017.74. The regulator asked asset management companies to come out with a framework to check on the same.


Source: Economic Times March 11, 2024 15:22 UTC



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