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#841 Daily Money Show - Money Purse Stock Market News
Original: #841 Daily Money Show | Money Purse Stock Market News
Takeaway
SEBI probing Sanjeev Bhasin for allegedly recommending stocks on TV to pump prices highlights how retail investors must scrutinize analyst conflicts of interest.
Summary
- Sensex +568 to 79,243; Nifty +175 to 24,044; mid-cap +0.17%; small-cap -0.49%; Bank Nifty flat.
- SEBI has launched investigation into Sanjeev Bhasin (former IIFL Securities consultant) for alleged stock-price manipulation via TV channel recommendations.
- Discussion of pump-and-dump style market malpractice and TV-analyst integrity risks.
- Daily roundup with other market updates.
SEBIsanjeev bhasinmarket manipulation
Original description
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