Wednesday, February 6, 2019

SEBI instructs exchanges to be more vigilant

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SEBI has asked exchanges to step up their surveillance of intra-day trading in the wake of significant volatility in a few stocks.

The stocks already under the scanner of the leading exchanges include those of a troubled airline, a media conglomerate facing a liquidity crunch, a finance company under the lens for alleged payment defaults, a pharma major being probed for insider trading and other violations as also a mining-to-infrastructure major.

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