Market regulator Securities and Exchange Board of India (SEBI) has uncovered a price rigging network and restrained 16 individuals from trading till further direction.
SEBI said the accused, which include Hemlata Hankare, Rashmi Gandhi, Alpesh Shah, Hasmukh Jain and Kamlesh Jain, indulged in synchronised trades. Majority of the trading was done by firms India Capital Markets and Emkay Global, the regulator added.
Synchronised trading was carried out in the following scrips: Asian Star, KSL, Mavens Biotech, Panoramic Universal, Allcargo, Rasi Electrodes, Sat Ind, Ushdev Int, Jaybharat Textiles, Lotus Eyes Care, MVL Industries,Anil Products and KBS Capital.
June 2, 2010
sir want to get advise on 3 stocks
1. VOLTAS
2. Arihant capital ( bse – 511605 ) cmp 191
wht is the target price
June 3, 2010
Hi Achal,
Voltas looks fine for 190 near term. Arihant you will need to be patient
February 21, 2013
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