Sebi has taken action against 15 guest experts of Zee Business channel for unlawful trading, with the entities making gains of ₹7.41 crore. Sebi has ordered the guest experts to pay the amount and has restrained them from buying, selling or dealing in securities until further notice.
The experts used advance information to make profit by trading on the basis of such advance information knowing that investors would act on the recommendations, says SEBI