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Business / Fri, 24 May 2024 NDTV Profit

SEBI Modifies Rules For Scrip Price Bands In Derivatives Market

For the first two adjustments, the price band will be flexed by 5 per cent after a 15-minute cooling-off period (5 minutes if the adjustment occurs in the last half hour of trading). For the next two adjustment, the price band will be flexed by 3 per cent after a 30-minute cooling-off period and for further adjustments, the price band will be flexed by 2 per cent after a 60-minute cooling-off period.

For the first two adjustments, the price band will be flexed by 5 per cent after a 15-minute cooling-off period (5 minutes if the adjustment occurs in the last half hour of trading). For the next two adjustment, the price band will be flexed by 3 per cent after a 30-minute cooling-off period and for further adjustments, the price band will be flexed by 2 per cent after a 60-minute cooling-off period.

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