stock manipulation

Options trading on expiry day like playing in casino for jackpot: Sebi official

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Options trading on expiry day like playing in casino for jackpot: Sebi official

Raising the red flag over the heightened retail frenzy in the zero-sum game of options trading, markets regulator Sebi’s whole-time member Ananth Narayan on Friday pointed out how some traders are treating expiry day trading as playing in a casino for a jackpot. “Trading in index options, specifically close to expiry, then starts to resemble … Read more

Adani Group stocks surge up to 6% a day after Lok Sabha election results

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Adani Group stocks surge up to 6% a day after Lok Sabha election results

Adani group stocks significantly recovered, surging by up to 6% in Wednesday’s trade after experiencing a sharp decline of as much as 15% in early trading. ACC, Ambuja Cement, Adani Green Energy, and Adani Ports surged between 3-6%. In early Wednesday trade, Adani Energy Solutions declined 15%, while Adani Power fell 12%. Adani Enterprises, Adani … Read more