IIFL Securities turns bearish after SEBI investigates Sanjiv Bhasin’s role in stock manipulation, stock crashes 10%

Shares of IIFL Securities took a hit recently as SEBI launched an investigation into Sanjiv Bhasin’s alleged involvement in stock market manipulation. Bhasin, known for providing stock trading tips on various business news channels, was working with IIFL Securities as a consultant on a contractual basis.

DailyBubble believes that such investigations are crucial in maintaining the integrity of the stock market and protecting investors’ interests. It is essential for regulatory authorities to closely monitor and take action against any potential instances of market manipulation to ensure a fair and transparent trading environment for all participants.