Ketan Parekh is an Indian stockbroker known for his involvement in the Indian stock market during the late 1990s. He gained notoriety for his role in the Ketan Parekh scam, which involved manipulating stock prices and led to significant financial losses for many investors. His activities contributed to a major market crash in 2001, resulting in regulatory scrutiny. Following the scandal, Parekh faced legal consequences, including arrest and a ban from trading in the stock market. The incident highlighted the need for stricter regulations in the Indian financial system and raised awareness about the risks of stock market speculation.