Sebi highlighted that certain corporate actions can artificially boost investor sentiment, leading to increased stock purchases. This, in turn, allows promoters to sell their shares at inflated prices. The regulator cautioned investors against relying on unverified social media posts and rumours when investing in SME stocks. Instead, investors should exercise caution and be mindful of such market manipulation patterns.
Navratnas of the market: 9 investing mantras from Devina Mehra’s new book
Investment mantras aren’t morning chants you recite with closed eyes and crossed legs. “They are what you believe are at the foundation of your whole