Sebi Draft Rules for Algo Trading: Curbing Fraud and Ensuring Fair Competition in Markets
Two individuals recently settled an insider trading case with the Securities and Exchange Board of India (Sebi) by agreeing to pay a total of Rs 74 lakh. This case serves as a reminder of the importance of following regulations and ethical standards in the world of finance.
In other news, Zomato has made headlines by surpassing well-established companies like Hindustan Unilever (HUL) and Nestle in terms of weightage in the Sensex. With a weightage of 2.77%, Zomato has made a significant impact in the market.
It’s crucial for investors to stay informed about developments like these, as they can have a direct impact on their investments and financial decisions. By paying attention to regulatory actions and market shifts, investors can make more informed choices and protect their financial interests.
