INSUBCONTINENT EXCLUSIVE:
Mumbai: The Securities and Exchange Board of India (Sebi) on Monday extended its stricter rules meant to curb market volatility in light of
the coronavirus pandemic till May 28
On March 20, the regulator halved position limits for certain stock futures, restricted short-selling of index derivatives and raised
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, effective risk management, price discovery and
maintenance of market integrity, it has been decided that the measures implemented since March 23, 2020 will continue to be in force till
clearing corporations and depositories on account of the existing robust regulatory framework
also overlapped with the lockdown measures implemented in the country for a period of 21 days from March 25, which was subsequently extended