Saturday, March 14, 2009

SEBI fines Indiabulls for 'manipulaltive & fraudulent' deals

The Securities and Exchange Board of India has slapped a fine of Rs. 15 lakh to India bulls Securities. As per SEBI, the stock brokers trading in F& O contracts at NSE were buying and selling almost equal quantities of contracts within the day and such buy or sell was synchronized in nature.


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