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SEBI freezes ₹28.12 crore, bars broker from derivatives trading

SEBI ordered freezing of bank accounts of Mumbai-based stock broker Prrsaar Sampada and Chaubara Eats holding nearly ₹28.12 crore, alleging coordinated price manipulation in stock futures and options. SEBI also barred the broker from derivatives trading.

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12 crore, accusing them of manipulating prices in stock futures and options through a coordinated trading scheme.