Will ensure markets function properly: SEBI
Markets regulatory body SEBI said on Saturday that it will do all necessary monitoring while maintaining fairness and strong fundamentals in the stock market. SEBI said that measures are being taken to deal with high volatility in certain stocks. Without naming Adani Group, the body said, last week abnormal volatility was seen in the price of shares of a business group. We want to maintain the orderly functioning of R Market. There are ways to deal with high volatility in a particular stock. This system gets activated automatically when there is a fluctuation in the prices.
The government again said… nothing to hide
Union Minister Anurag Thakur said on Saturday that banks and LIC have already issued their statement in Adani’s case. The government has nothing to hide in this matter. He said that the opposition parties are creating ruckus in the Parliament so that the general budget cannot be discussed. On the other hand, Bihar CM Nitish Kumar said that whatever allegations are being made in the Adani case, they should be investigated. Let us tell you that the opposition created ruckus in the Parliament in the past days regarding the Adani dispute. The opposition demands that a JPC should be formed to investigate the entire matter or the investigation should be conducted under the supervision of the Supreme Court.
Union Budget 2023 Reaction: Discussion with ‘Home Minister’ on Finance Minister Nirmala Sitharaman’s budget
Source: navbharattimes.indiatimes.com
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