Sebi bars 246 entities from capital markets
Market regulator Sebi barred 246 entities from capital markets after they were found to have indulged in a web of "make-believe" trades to artificially inflate share prices and entrap investors. The entities operated through various companies linking to a single company, which was later found to be non-existent, and they booked a profit of ₹1,600 crore through these fraudulent trades.