SEBI Impounds ₹3.68 Crore in Sensex Expiry-Day Manipulation Case

The Securities and Exchange Board of India (SEBI) has passed a swift order impounding ₹3.68 crore from two firms accused of manipulating the Sensex closing auction.

The investigation revealed that the entities allegedly engaged in price manipulation during the expiry-day session, prompting the regulator to bar them from market activities.

This action marks a significant crackdown on market abuse, with SEBI signaling a zero-tolerance policy toward entities attempting to distort price discovery mechanisms.