The fine line: When market speculation becomes market manipulation

SEBI recently barred a major market player for alleged manipulative trading practices, demanding a hefty disgorgement of ₹4,844 crore. The regulator highlighted a pattern of artificially inflating and then strategically selling off Bank Nifty stocks to manipulate index options. This action underscores SEBI's commitment to maintaining market integrity by distinguishing between legitimate speculation and illegal manipulation.