The Securities and Exchange Board of India on 21st July 2020 has decided to extend the measures to contain volatility in the securities market till 27 August 2020. SEBI had introduced these norms in light of the rising volatility in the market amid the Covid-19 pandemic in March.
SEBI had come out with various measures, including revision of market-wide position limit, to ensure orderly trading and settlement to contain high market volatility and has also introduced a cooling period of 15 minutes for stocks that hit a certain price band in derivatives before releasing it.
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