SEBI issued an order fining nearly 7.5 crore and also banning some of these people from markets for an indefinite period of time
Names of the “guest experts”
Simi Bhaumik, Mudit Goyal Himanshu Gupta, Ashish Kelkar, Kiran Jadhav, Ramawatar Lalchand Chotia, SAAR Securities India Private Limited, Ajaykumar Ramakant Sharma, Rupesh Kumar Matoliya, Nitin Chhalani, Kanhya Trading Company, Manan Sharecom Private Limited, SAAR Commodities Private Limited, Partha Sarathi Dhar and Nirmal Kumar Soni.
These include experts, profit makers and enablers.
Modus
Pretty simple.
These TV experts gave their recommendations to profit makers and they took the position
Once, these experts say the reco on TV, these guys reversed their positions and booked their profits and shared profits as per their agreement
TV wale jo bolte hai uska ulta karo makes complete sense now
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