NEW DELHI: Sebi and inventory exchanges have enhanced their surveillance measures to curb imaginable manipulative practices in addition to over the top volatility out there on Thursday when the overall election results shall be introduced.
Markets are likely to witness vital movements on Thursday, especially after a rally on Monday following exit polls showed that the BJP-led NDA is expected to return again to energy.
Surveillance and tracking of markets were beefed up by means of Sebi and inventory exchanges for the trading consultation on Thursday, in line with a senior reliable.
Increased tracking would lend a hand in maintaining a tab on imaginable manipulations and higher volatility within the markets. Manipulators generally tend to take advantage of such risky scenarios within the inventory markets.
Movements in Nifty futures and options on the Singapore exchange can be carefully monitored. Trading in Singapore inventory exchange begins much sooner than Indian markets open and their tendencies usually have an affect on domestic markets.
The result of the seven-phase polls for 542 seats can be introduced on May 23.
"Markets could remain volatile on Thursday awaiting results which could take time given the higher proportion of VVPAT (Voter Verified Paper Audit Trail) votes to be manually counted," Deepak Jasani, head of retail analysis at HDFC Securities, mentioned.
On Monday, the sensex zoomed over 1,422 points and the Nifty surged 421 points after most exit polls showed that the Narendra Modi-led NDA is returning to energy with a thumping majority within the Lok Sabha elections.
Markets are likely to witness vital movements on Thursday, especially after a rally on Monday following exit polls showed that the BJP-led NDA is expected to return again to energy.
Surveillance and tracking of markets were beefed up by means of Sebi and inventory exchanges for the trading consultation on Thursday, in line with a senior reliable.
Increased tracking would lend a hand in maintaining a tab on imaginable manipulations and higher volatility within the markets. Manipulators generally tend to take advantage of such risky scenarios within the inventory markets.
Movements in Nifty futures and options on the Singapore exchange can be carefully monitored. Trading in Singapore inventory exchange begins much sooner than Indian markets open and their tendencies usually have an affect on domestic markets.
The result of the seven-phase polls for 542 seats can be introduced on May 23.
"Markets could remain volatile on Thursday awaiting results which could take time given the higher proportion of VVPAT (Voter Verified Paper Audit Trail) votes to be manually counted," Deepak Jasani, head of retail analysis at HDFC Securities, mentioned.
On Monday, the sensex zoomed over 1,422 points and the Nifty surged 421 points after most exit polls showed that the Narendra Modi-led NDA is returning to energy with a thumping majority within the Lok Sabha elections.
Sebi, bourses step up surveillance measures for markets on election results day
![Sebi, bourses step up surveillance measures for markets on election results day]()
Reviewed by Kailash
on
May 22, 2019
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