Cracking the whip: Stricter rules against suspicious trading on cards

Entities making abnormal gains will have a lot of explaining to do before the market regulator

The Securities and Exchange Board of India (Sebi) has proposed new regulations to deal with suspicious trading activities—a move that will empower the market watchdog to go after entities making unusual profits without any fundamental basis.

The regulator has issued a discussion paper, inviting feedback on the draft of the