Add-on Price Band Rules: The Mumbai Stock Exchange itself is in doubt

-

Irresponsible attitude of BSE: Withdrawal in new add-on price band rules of stocks within 3 hours

(By delegate) MUMBAI: Shares of Asia's oldest Bombay Stock Exchange (BSE) have taken an irresponsible stance in the wake of a surprise decision to plunge investors into small, mid-cap and cash stocks and reverse the decision in four hours.

Despite the implementation of the Allready Priceband Circuit Rules on the BSE, the implementation of the new priceband rules overnight has had a profound repercussion on the market itself, with investors turning away from the stock market and closing the market.

With the lack of transparency in the decision to reverse the decision on Wednesday to introduce a new price band framework for stocks of companies listed on the BSE on Monday, the capital market regulator SEBI has asked Mumbai Police to look into the matter. -Deported by Economic Offenses Wing (EOW) and Crime Branch.

BSEA-11, which kept investors in the dark by not mentioning in the circular dated August 6, 2021, about which group of stocks the new framework will be applicable to, has changed the framework radically. Y Group Securities has clarified the application of this framework. Thus, by changing the rules in 8 hours, he has made it clear that his decision is irresponsible.

According to the discussion in the market, first of all, for such drastic decisions, it is necessary to tighten the reins on the exchanges and impose restrictions. If there is any such mischievous proposal after the market closes on Friday, its agenda should be announced in the major newspapers with details and the announcement should be accompanied by a meeting seven days later. With ...!

In addition, the BSE should issue another press release stating who was present at the meeting to decide. The stock exchange should publish a report on the transparency of the rank and file of the officers present at the meeting.

In this complete case, on Tuesday, August 10, 2021 and Wednesday, August 11, 2021, two days in a mysterious place in a mysterious place, who broke the circle should be investigated in detail by the SEBI Economic Offenses Wing (EOW) and Crime Branch.

New investors who have joined the stock market in the last one year, who have lost their jobs or businesses due to covid Scale protests are reported to have taken place.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more