SME market like a casino? Sebi should talk it down & regulate only in case of fraud: Sunil Subramaniam

Sunil Subramaniam, a market expert, believes speculation is essential for liquidity in the capital market. He argues against regulatory intervention unless there's clear evidence of fraud, price fixing, or false news. Subramaniam acknowledges the youth treating the stock market like a gambling den and suggests cautious regulatory measures instead of harsh actions to maintain market stability.