Sebi eases surveillance steps implemented to curb Covid-induced volatility ...Middle East

Economy by : (Business Standard) -
Regulator Sebi on Wednesday relaxed certain surveillance measures, including those pertaining to market wide position limits, that were put in place eight months ago to curb volatility in the markets due to the coronavirus pandemic. Citing the "changed market environment", the watchdog has decided to relax the measures with respect to increased margin for non-F&O (Futures & Options) stocks and revisedmarket wide position limits. Steps related to flexing of dynamic price band for F&O and equity index derivatives (F&O) would continue to be in force, Sebi said in a statement. The surveillance measures, announced in March, are in force till November 26. They are aimed at ensuring orderly trading

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