200 companies under SEBI’s scanner, investigation against pump and dump: Report

SEBI is investigating around 200 listed firms for alleged pump and dump schemes. The market regulator suspects these companies of inflating stock prices and offloading shares to retail investors. In the past three days, SEBI raided 80+ locations, seizing data from over 100 computers and 150 mobile phones. This follows its June crackdown on similar stock manipulation cases.