New Delhi, Oct. 12 -- As market manipulation grows more sophisticated with the rise of technology, India's markets regulator is arming itself with equally advanced tools.

The Securities and Exchange Board of India (Sebi) is moving from reactive monitoring to predictive oversight-deploying data analytics and algorithmic surveillance to detect "pump and dump" schemes before they spiral.

At the Capital Market Confluence in Mumbai on Saturday, Sebi chairperson Tuhin Kanta Pandey said the regulator's enhanced oversight leverages algorithmic monitoring systems designed to pinpoint abnormal price spikes and volumes, enabling early intervention.

"We have revamped our data warehouse system to develop new rule-based alerts to identify 'pump and ...