SEBI to use AI Scanner tool, PINAKA to examine stock tips on TV channels

SEBI has created an AI-backed system called PINAKA (picture based information news accumulator and key information analyser) to scan stock recommendations on business television channels and condense them into a database. The database will be used for surveillance of securities market wrongdoing, such as front running and insider trading.

PINAKA checks each frame and processes the extracted data of recommendations in a standard format. It is then compared with the analyst’s trading pattern


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