SEBI imposes ₹95 lakh fine on 19 persons for fraudulent trading

Securities and Exchange Board of India (SEBI) has imposed a fine of ₹95 lakh on 19 persons for indulging in manipulative trading in the shares of Global Infratech and Finance Limited. These persons reportedly followed a uniform strategy of executing 3,266 trades in a substantial quantity of shares to mislead investors. They have to pay the fine within 45 days.