The Securities and Exchange Board of India on Friday said it would probe the rumours which caused pandemonium in the stock market on Friday. | |
| A Sebi official said, on the face of it, it appeared that certain market participants were orchestrating the fall by spreading rumours. |
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| Given that the market seemed to be overheated and vulnerable to bad news, certain market participants may be playing mischief to cause a temporary market fall with an intention to capitalise on the move. |
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| "This is a cause for concern and we will certainly dig deeper into this issue," the Sebi official said. |
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| The market regulator would analyse detailed data before proceeding further on the issue, Sebi sources said. |
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