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False news often spreads via public groups, or chats, with potentially fatal effects. In this regard, Sebi collaborated with the Telecom Regulatory Authority of India (TRAI) to reduce the vulnerability of the securities market to manipulation through misuse of mass communication medium like bulk SMS. Although some channels have been removed, the curation process is considered opaque and insufficient by analysts. For tech stocks, “the main thing is yields,” Essaye said. However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors.
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