SEBI Cracks Down on Market Manipulation as RBI Governor Signals Economic Resilience

India's market regulator SEBI has barred JPMorgan-owned Copthall Mauritius Investment from the securities market, alleging it used a new closing-price mechanism to manipulate the Sensex. The regulator claims Copthall executed a series of artificial buy orders during the inaugural Closing Auction Session (CAS) to inflate the index's closing value and boost gains from expiring derivative positions by **₹29.6...