The BSE has introduced a data analytics based systemic solution that relies on artificial intelligence mechanism to track news related to listed companies on digital media using social media.
The primary objective of verification is that the mechanism will detect and mitigate potential risks of market manipulation, rumour, and reduce information asymmetry arising from it on digital.
It provides accurate information involving listed companies and the BSE through the exchange website for the benefit of investors, Asia's first stock exchange BSE said. Alerts generated by this social media solution will be closely monitored by the BSE from the standpoint of material information and also vis-à-vis possible rumours appearing in various media including print and on-line channels as per Sebi regulations.
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