1
Days after finance minister (FM) Nirmala Sitharaman spoke about trading halt at the National Stock Exchange (NSE) and the ‘cost’ of such incidents for the financial markets, the ministry of finance (MoF) has asked the market regulator to share its finding based on the root cause analysis that NSE has been asked to submit within 21 days.
FM Sitharaman held a meeting on Thursday to discuss the issue with key secretaries and SEBI chairman Ajay Tyagi, who is understood to have participated through video-conferencing. We learn that secretaries from the department of economic affairs (DEA), dept of financial services (DFS), department of investment and public asset management (DIPAM) and the revenue secretary were present in the meeting.
NSE Trading Halt: Do Not Levy Penalty for Short Collection of Margins, Urges BSE Brokers Forum moneylife.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneylife.in Daily Mail and Mail on Sunday newspapers.