“SEBI Bans 5 Guest Experts and Entities from Market for Share Manipulation Through TV Show”

Guys if you know or interested about Stock Market. Then you may know about these 5 GURUS of Stock Market or if you don’t then we are talking about these GURUS. These people once had a a show on ZEE T.V Channel and they give tips about Stock Market. There was a competition among crores of investors here, but the shocking part is that these 5 Stock Market experts scammed people worth crore of rupees   and don’t let anyone know about the secret. 

Even ZEE Business didn’t knew about what is going on in the show, but one day SEBI felt something fishy and after some time SEBI found these 5 people doubtful. After 10 months. It was such a big scam  that the ground slipped under the feet of  investors. If SEBI doesn’t caught these 5 people then these scam would be  even big that  people may not trust  Stock Market in future. 

Today every body wants to be financially free but the problem is that not every have a knowledge of Stock Market. Recently in some years their is a rapid growth in Stock Market Gurus or Experts. By using the tips and courses of these experts and they are making a stack amount of profits. Some of these experts are Ashish Kelkar, Simi Bhaumik, Mudit Goyal, Himanshu Gupta, Kiran Jadhav.

These people who used to appear on channels like Zee Business and common  people believe these people. Kiran Jadhav and Ashish Kelkar  had a company in Pune. They use to give training in Stock Market and they trained around 12000 students. On the other hand Simi Bhaumik is a SEBI registered Research Analyst. Mudit Goyal, Himanshu Gupta work with a a lot of brokers.

They all had their T.V shows on ZEE Business on different timings and they all popular among people. Some of show name were “Hit Man Himanshu”, “Kiran Ka Kamal” etc. In these show they used to give tips on Stock Market or in simple language “they use to fool common people and investors”. But SEBI caught them and we all knew about this scam. Guys in recent years we all knew about a lot of scam in Stock Market and SEBI kept a vigilant eye on every aspect.

In this work they hired a lot of Data Analyst and their work is analyze the data and they to sure that their is no mistake. During this analysis one analyst noticed that some Stocks price is on Rs 1,00,000 after 10 minutes the price will be of Rs 10,00,000 that means the share would be buy and sell by 10 lakh people but how ? that was the question .

After a long research it was found out that in some T.V shows experts were recommending these stocks. After the recommendation their is hick in the price value of these stocks. After this SEBI had a doubt of a scam behind all this and they are tiring their best to find the culprit behind all this. 

Now  some DMAT accounts came within the circle of doubt around  SEBI and after some investigation they found out that these account belong to some companies and individual through which these share trading was going on. After this information SEBI was much alert and SEBI use the  power and  check  the details of the bank account of these account DMAT account. After this SEBI check the WhatsApp, SMS, Telegram of the owners  of these accounts. When they came out after being exposed as a fraud it made a complete full stop on these 5 Stock Market Experts career. 

Now lets discuss  how this scam was started and how the background of this scam was structured let’s find out. Guys as we all knew that these 5 experts were very popular and they had a lot of followers due to their shows and every thing was good and healthy, but a mastermind entered in this story the name is Nirmal Kumar Saini. Nirmal contact all these 5 experts one by one and he made a team. Simi Baumik said that “Nirmal contacted me on June 2021 and was paid subscriber on her website”.

One month later he contacted again Simi and told her that he want a profit sharing arrangement  and he will give 50% of profit share  during this he also contacted Kirana and Ashish. They met each other in 2022 twice. One in Dubai and one in Pune. The background of this scam was also structured during this meets. Kiran and Ashish introduced Himanshu and Mudit from Nirmal and they all became the part of this scam. After this they made some new DMAT account on the name of some company and individual names. They hired some people to handle these accounts.

Lets check how they brought the scam to its conclusion. When these Experts gave recommendation of a stock on T.V show. They tell Nirmal a particular stock name on a particular time few minutes before the announcement and Nirmal made the position way earlier through the DMAT accounts. When the  shows were aired on T.V  the stock volume increased rapidly in a short spam of the time because after the recommendation a huge chunk of people purchase the stock. 2-3 minutes later  Nirmal sell the stocks and made a huge pile of profit.

The price was increased trough manipulation not organically due to which the stock price also decreased after some time before that Nirmal sold all the stocks and made an exit. Which ordinary people were bearing the brunt of. Simi got 75 lakhs in 3 installments in Haldirams pf Ravindra Sadan in Kolkata  and she yet receive around 1cr. more from Nirmal. 

Their is an other master mind of this scam husband of Simi. To extra profit she include her husband also. When she tells stock related information to Nirmal she also tells  her husband side by side. “According to the rules, if any research analyst, from 30 days prior to issuing a recommendation to 5 days after, cannot establish a position for themselves, their family, friends, or relatives in that particular stock.” On the other hand Simi Broke the rule and did the manipulation for several months. During the time period of  10-11 months the scam amount was around Rs.7,41,29,648 total Trade Instances 1,047.