Archive · 18 Jun 2025
SEBI Bans Sanjiv Bhasin for Alleged Market Manipulation Scheme
SEBI, the financial regulator, has banned Sanjiv Bhasin from trading.
Bhasin, who provided stock recommendations, allegedly bought stocks before giving these recommendations, which increased prices.
He then sold these stocks for profit, going against his public advice.
SEBI's action includes returning unlawfully earned profits of ₹11.37 crore.
This is to protect investors from unfair practices.
SEBI has banned Sanjiv Bhasin, the former director of IIFL Securities, from trading.
Bhasin is accused of taking stock positions contrary to his public recommendations.
SEBI's investigation revealed Bhasin bought stocks before media appearances.
Recommendations on platforms such as media channels and Telegram, impacted prices.
Bhasin placed sell orders to profit from price increases, against buy calls.
- Who
- Sanjiv Bhasin, former director of IIFL Securities.
- What
- SEBI banned Sanjiv Bhasin from securities trading.
- When
- Not explicitly mentioned in the article.
- Where
- The actions and investigations occurred in various locations, not specified.
- Why
- For taking stock positions contrary to his public recommendations, and engaging in market manipulation.
SEBI
Sanjiv Bhasin
Trading Activities
SEBI
Sanjiv Bhasin strategically bought stocks before making recommendations.
Sanjiv Bhasin
Sanjiv Bhasin can defend themselves against SEBI's claims.
- Regulator
- SEBI
- Accused
- Sanjiv Bhasin
- Former Role
- Director, IIFL Securities
- Action
- Trading Ban
- Allegations
- Market Manipulation
- Illicit Profits
- ₹11.37 crore
- Trading Accounts Used
- Gemini Portfolios, Venus Portfolios, HB Stock Holdings Ltd
Sources
Stock manipulation: SEBI bars Sanjiv Bhasin, others from securities market, directs seizure of Rs 11.37 crore
Explained: What Is Rs 11 Crore Front-Running Scam? SEBI Bans Market Expert Sanjiv Bhasin — Here's What Happened
SEBI bars Sanjiv Bhasin from markets, orders impounding of Rs 11.37 crore in unlawful gains
Front running case: SEBI impounds Rs 11 cr, bans market expert Bhasin
Sebi bars Sanjiv Bhasin, 11 others for fraudulent trading, orders impounding ₹11.37 crore
SEBI Cracks Down On Market Manipulation; Finds Experts Misusing TV Stock Tips For Illegal Gains
SEBI restrains former IIFL director Sanjiv Bhasin from markets for stock manipulation
SEBI Cracks Down On Market Manipulation; Finds Experts Misusing TV Stock Tips For Illegal Gains
Sanjiv Bhasin Banned: Who Is The Market Guru Accused Of Misleading Investors?
Rs 11.37 Crore Fraud? SEBI Cracks Down On Sanjiv Bhasin, 11 Others for Market Manipulation
Mint Explainer: How Sebi uncovered Sanjiv Bhasin's alleged stock manipulation scheme
