Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.


Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence


Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Sebi to Tap AI, Big Data Analytics to Curb Market Manipulations

Sebi chief Ajay Tyagi said application of AI (Artificial Intelligence) and ML (Machine Learning) tools has the potential to bring a paradigm shift in the securities market landscape.


Updated:January 23, 2020, 2:39 PM IST
facebookTwitter Pocket whatsapp
Sebi to Tap AI, Big Data Analytics to Curb Market Manipulations
File Photo of Ajay Tyagi, chairman of Securities and Exchange Board of India (SEBI). (Image: REUTERS)

Mumbai: Sebi is acquiring capabilities to monitor and analyse social media posts to keep a tab on possible market manipulations, its Chairman Ajay Tyagi said on Thursday.

He said the capabilities will involve use of artificial intelligence, machine learning , big data analytics and natural language processing tools to spot market manipulation.

The new plan involves creating a "data lake" project to augment analytical capabilities, he said while speaking at the Speaking at the National Institute of Securities Markets at Patalganga near here.

In efforts to curb possible manipulations in the securities market, Sebi has been keeping a watch on social media and there have been cases where social media posts have helped in acting against manipulative activities.

"Catching malpractices in the market using the standard tools that analyse only structured data of price and volume is increasingly getting difficult," Tyagi said.

"We want to acquire technology and unstructure data analysis because the structured data analysis is not helping much, manipulators use all sort of things," he noted.

A tender has also been floated for acquiring the technology.

Even in the absence of such a focused tool, Tyagi said Sebi already has capabilities, wherein it screens social media posts after corporate announcements and the changes in price and volumes of a scrip.

The Sebi chief said application of AI (Artificial Intelligence) and ML (Machine Learning) tools has the potential to bring a paradigm shift in the securities market landscape, adding that blockchain can be used in clearing and settlement activities.

AI/ML tools are being increasingly deployed in fund management, trading, supervision and surveillance functions in the capital markets, he added.

Further, Tyagi said there is a need for the technologists to invest time in research in these tools for applications in the capital markets.

Systemic risks are becoming important objectives for financial regulators, Tyagi said, explaining that this requires identification and monitoring of important financial institutions, leverage, inter-connectedness, risk concentrations and market sentiment.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

facebookTwitter Pocket whatsapp
Most Active
Company Price Change %Gain
IRCTC 1,830.65 11.67
UPL 584.35 -0.20
Vodafone Idea 4.19 38.28
Aurobindo Pharm 602.25 20.40
Tata Motors 158.05 -2.20
Top Gainers
Company Price Change %Gain
HUL 2,293.50 2.71
Bajaj Finance 4,877.00 2.61
Reliance 1,504.20 2.60
ONGC 101.70 2.47
HDFC 2,377.40 2.34
Top Losers
Company Price Change %Gain
Tata Motors 158.05 -2.20
Sun Pharma 403.25 -1.33
TCS 2,194.60 -0.93
Bharti Airtel 543.35 -0.80
Larsen 1,281.40 -0.38

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results