Trading halt: Sebi assures underlying causes, including institutional deficiencies, will be addressed ...Middle East

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A day after technical glitches halted trading at NSE for around four hours, market regulator Sebi on Thursday affirmed it will take all necessary measures to ensure the underlying causes, including ''institutional deficiencies'', are addressed. In a statement, the regulator said the decision to stop trading in its entirety was taken by the largest stock bourse NSE due to ''issues with the telecom service providers'' and Sebi was informed of it only 10 minutes ahead of the halt of trade on Wednesday. ''Sebi would take all necessary measures to ensure rectification of the underlying causes including addressing institutional deficiencies,'' the statement said, elaborating on the steps which are

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