The stock market is a world where the money of investors increases overnight and drowns. To get good returns, you have to invest money with a good strategy. Many investors follow the advice of stock market experts for investment. One such big experts were Sanjeev Bhasin, at the behest of which investors were ready to invest huge. Now the market regulator SEBI has banned Sanjeev Bhasin. Sanjeev Bhasin is accused of cheating the stock market investors through pump and dump.

Now there is a question in the minds of people that like Sanjeev Bhasin, who can Sabi ban people? How are the restrictions imposed during the ban? And what course is to be done to become a stock market expert like Sanjeev Bhasin? Let’s know …

Which people can SEBI be banned?

SEBI means the Securities and Exchange Board of India. It is a regulatory body of the Government of India which controls the stock market, mutual funds and keeps the interests of investors. SEBI also ensures smooth functioning in the stock market. This institution monitors that a company or person is cheating investors by giving wrong or misleading information. If this happens, SEBI bans trading for these people. Prior to Sanjeev Bhasin, in May this year, 57 people including Bollywood actor Arshad Vasari, his wife Maria Goreti were banned, these people were also accused of rigging the stock market.

This course has to be done to become a stock market expert

If you are thinking that any person, who has an understanding of the stock market, can become a stock market expert and can advise investors to buy and sell shares. SEBI had clarified in his circular that those who do not have a low SEBI register cannot give knowledge related to the stock market on social media. In this circular, SEBI had said that it would be a crime to advise investment without registration in SEBI. After registration in SEBI, there is a certification course, which is given a certificate after passing. Only then can you recommend social media investment.

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Sanjiv Bhasin has been one of the most popular and experienced stock market experts in the country. Bhasin, who was a former director of IIFL Securities, was well -known for his share reckment on TV channels, Telegram and social media. He has also played an important role in big institutions like Deutsche Bank and HB Group. Also, he had also made model portfolio for retail investors on platforms like Smallcas.

Why was Sebi banned?

SEBI investigation revealed that Sanjeev Bhasin used to put by order in his own accounts, Gemini portfolios, venus portfolios and HB Stock Holdings just before his public recommendation. Then when the share prices rose from their ‘Buy’ call, they used to earn profits by selling the same share. Meaning is clear, who asked the public to buy, sold himself quietly. SEBI banned him due to this “fraud” and ordered to return illegal earnings of about Rs 11.37 crore.

The beginning of education and career

Sanjeev Bhasin, who studied at Sriram College of Commerce (SRCC) of Delhi University, passed the Chartered Accountancy and also did not complete it for two years, although it was not completed. In 1985, he stepped into the world of stock market and then stayed in this field for 33 years.

What was his investment strategy?

In Bhasin’s strategy, 50-55 percent of the money was always in big and reliable shares and he kept 30 percent of the money in cash, so that he could trade fast on getting the opportunity. In the initial days, he made good profits by investing in multinational companies like Glaxo.

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