Trading curbs to contain market volatility extended till May end

Published On: Tuesday, April 21, 2020 | By: Team KnowMyStock

SEBI on 20th April said the measures aimed at containing the wild swings in stock prices would continue till the end of next month. On March 20, SEBI had imposed temporary restrictions on short-selling, increased margin requirements, and hiked penalties on violators. Sebi had then said the measures were for a period for one month. However, they will remain in place till May 28, the regulator has said. The measures announced by Sebi had coincided with a sharp recovery in the market. Since March 23, the Indian markets have gained 22 percent. Prior to the rebound, the benchmark indices had dropped nearly 40 percent from their January peaks.

Closing Bell: Sensex gains 85 points, Nifty at 18755.90

Closing Bell:Sensex gains 418 points, Nifty at 18716.15

MARKET UPDATE: Sensex rose 135 points to 62761, and the NSE Nifty50 moved 40 points higher to 18,600

Closing Bell: Sensex down 223 points, Nifty at 18,563

MARKET UPDATE: Sensex surged over 100 points to trade around 62,962 levels, whereas Nifty50 climbed over 30 points to trade above 18,650 levels

MARKET UPDATE: Sensex gained over 50 points to trade around 63,228 levels, whereas Nifty50 traded marginally above 18,700 levels

MARKET UPDATE: Sensex surged over 150 points to trade around 62,988 levels, whereas Nifty50 gained over 50 points to trade above 18,650 levels

MARKET UPDATE: Sensex traded flat at 62,777 levels, whereas Nifty50 was flat above 18,600 levels

Closing Bell: Sensex up 240 points, Nifty at 18593.85

MARKET UPDATE: Sensex rallied over 300 points, whereas Nifty50 gained over 50 points to trade above 18,600 levels

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