The Securities and Exchange Board of India in its press release dated 20th April 2020 has extended its surveillance measures to tackle market volatility amid coronavirus pandemic till May 28
SEBI in its earlier press release dated 23rd march 2020 had introduced various regulatory measures for a period of one month. The measures were taken with the objective of ensuring orderly trading and settlement, effective risk management, price discovery, and maintenance of market integrity.
As the stock markets (both domestic and global) are expected to be volatile in the near future owing to concerns relating to COVID-19 pandemic and the resultant fear of economic slowdown, keeping in view the objective of ensuring orderly trading and settlement, it has been decided that the measures implemented since March 23, 2020 will continue to be in force till May 28, 2020.
Click here to read the Notification.
