INSUBCONTINENT EXCLUSIVE:
MUMBAI: Market participants have urged regulators to take steps to curtail stock market activity, as India struggles to deal with the spread
A financial crisis can be tackled by an array of tools available with policymakers
Lilladher.
According to Bodke, the market is displaying a collective frenzy leading to a disruption in price discovery and sharp differences
markets also need a break of at least two weeks
This cannot be an India-specific decision
and bond trading were suspended, the first shutdown of markets worldwide in response to the coronavirus, with authorities citing risks to
Bruno Le Maire said he would like to see that rule extended Europe-wide, Bloomberg reported.
Not everyone, however, agrees that the market
manager sells a stock, in the hope of buying it back at a lower price.
When market sentiment turned extremely bearish during the global
financial crisis in 2008, regulators resorted to a ban on short-selling.
Deven Choksey, Group Managing Director, K R Choksey Investment
They should shut down the derivatives market
to the latest data from the Ministry of Health, India has 137 positive cases of which 24 are foreign nationals.
Maharashtra has a maximum of
36 cases as per its data, Kerala has 24, while Uttar Pradesh and Delhi have 14 and 8, respectively
States across the country have shut down all schools, colleges, gyms, night clubs and spas until March 31.
Indian Council of Medical
Research (ICMR) Director General Balram Bharghava said India was in stage 2 or local transmission of the virus.
