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How Sebi's warning system curbs GameStop-like gains in Indian stock markets

For regulators hoping to rein in wild moves in small stocks like the 17-fold surge in GameStop Corp. last month, India has a system worth studying. Rules created by the Securities and Exchange Board of India together with the nationโ€™s exchanges are aimed at preventing unwarranted price swings and manipulation of stocks with a market capitalization below Rs 25,000 crore ($3.4 million). The so-called graded surveillance measure (GSM), which was introduced in 2017, is unique and helps prevent...
Bhargavi Zaveri Gamestop Corp Research Group Exchange Board Of India Balkrishna Paper Mills Ltd Exchange Board

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