Sebi Says Measures To Contain Market Volatility Will Continue Till July 30

Sebi Says Measures To Contain Market Volatility Will Continue Till July 30
Sebi Says Measures To Contain Market Volatility Will Continue Till July 30

New Delhi, June 18: Capital markets regulator Sebi on Thursday said the measures announced by it in March to contain volatility in securities market would continue to be in force till July 30.

 On March 20, the regulator had come out with various measures, including revision of market wide position limit, to ensure orderly trading and settlement to contain high market volatility.

 "On review of the COVID-19 pandemic related situation, it has been decided that the regulatory measures introduced vide Sebi press release dated March 20, 2020, shall continue to be in force till July 30, 2020," the markets watchdog said in a press release issued on Thursday.

 The regulator had revised Market Wide Position Limit (MWPL) in March.

 For stocks in F&O segment meeting certain criteria, MWPL might be revised to 50 per cent of the existing levels, it had said.

 The margin for stocks meeting specific criteria was increased, while position limits in equity index derivatives (futures and options) were revised.

 Dynamic price bands for F&O stocks can be flexed only after a cooling-off period of 15 minutes from the time of meeting the existing criteria specified by stock exchanges for flexing, Sebi had added.

Related Stories

No stories found.
logo
Outlook Business & Money
business.outlookindia.com