Sebi imposes Rs 10 lakh fine on Bank of Baroda
Srinivasan Vedantam 150 days ago But any amount we can lose in stock exchange due to manipulation of prices. Market capitalization has no relevance to economy or earnings or yield on investments nor good corporate governance. SEBI lost its value as failed to being confidence to imbibe long sustainable investments in corporates with required liquidity in view of pure speculative trading and allowing carry over , short sales etc.to flourish. Unless SEBI keeps a check by introducing minimum holding period for a given stock and introduces simultaneously market settlement for any bid, bills and bears will spoil the real stock exchange established for capital formation and liquidity.