x

Like our Facebook Page

   
Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   Well done, Charak | Where cinema begins again: The quiet power of restored classics | The Global Population Challenge | Humans Vs Machines: who will win the future of human resource management | India cannot function without Ram, Krishna, Shiva: CM Yogi | New UP is rushing from heat wave to green wave under Yogi Govt, reveals Forest Deptt report | Balbir remembered Guru Ravidass on Guru Purnima | DC Bandipora visits Gurez, reviews developmental projects | 420 MT Rotor lowered in Unit-I of Pakal Dul H.E. Project, CVPPL | Power Shut down | LG warns people giving irresponsible statements, propagating TRF narrative | LG congratulates Rajat Charak | Post-Operation Sindoor, demand for ‘Make in India’ weapons has seen sharp rise: LG Sinha | Lithium auction in Reasi expected after final survey report | J&K has evolved into year-round, all-segment tourism destination: CM Omar | Arms cache recovered in Poonch | Nabbed with Rs 70 Lakh Heroin, a family from RS Pura’s Tanda village running cross-border narcotics network | Amarnath Yatra: 7,307 pilgrims leave Jammu Base Camp | SC says ECI’s roll revision drive mandated in Constitution, but questions timing | ACB arrests Patwari for accepting bribe | Landslide kills girl | 7 injured in Udhampur accident | Goods train derails in Kathua | Joint Director Tourism Jammu Aijaz Qaiser interacts with social media influencers | MLA Arvind felicitates young Wushu Stars for bringing laurels to J&K | Div Com Jammu reviews preparations for Annual Basohli Utsav | Illegal pony operator booked & temple theft case solved in Katra | J&K Govt embarks on study to establish IT/ITES Parks | HC Grants bail to CE in corruption case | J&K High Court conducts plantation drive at Janipur complex | Kavinder pays obeisance to Hridayadeep Ji Maharaj on Guru Purnima | Pipping ceremony of Assistant Sub-Inspector held | Drug peddler arrested, intoxicant capsules recovered by Udhampur police | ADGP Armed J&K visits IRP 4th Battalion, Kupwara | Mehbooba seeks EAM's intervention to save Indian nurse on death row in Yemen | India's higher education ecosytem has undergone fundamental transformation: Pradhan at VC conference | ED books 29 Actors, Influencers, YouTubers in online betting linked PMLA case | Govt to sell minority stake in LIC | Delhi cop receives extortion call of Rs 10 crore; FIR registered, probe on | Dogri song "Ambli Banage Daal" released in Jammu | "Rotary Club Jammu Elite and SIBA organize successful medical camp | Balwant Thakur to visit England from July 25 to expand Natrang's international network | Modi Govt sets new benchmark for corruption-free governance: Rohiin Chandan | JKAACL hosts "Meet the Author" event | Field office of Union Ministry of MSME organizes Seminar | Samba police arrests absconder | SHKSSJ celebrates Guru Purnima with devotion and grandeur | KSS celebrate Guru Purnima with traditional religious fervor | GAMC&H Akhnoor students visited Sitlee Water Purification Plant | Workshop on Bloom's Taxonomy to Empower Educators | SJVN organizes two-day Orientation Programme for CMDs and Directors of CPSEs | SJVN organizes two-day Orientation Programme for CMDs and Directors of CPSEs | SIPS Hosts CBSE Cluster XVIIl Kabaddi Tournament | SBSSU becomes first University in Punjab to implement mandatory "Entrepreneurship Mindset" curriculum | Preserving our ecosystem, a collective responsibility: Committee on Environment | KU holds special marathon for differently-abled students | Shreyanka, Sadhu named in India A squad to tour Australia, Radha to lead | New Delhi to host two major international shooting competitions in 2027-28 | Back Issues  
 
news details
SEBI didn't get specific info on unfair trading on poll results day: Minister
7/22/2024 10:42:04 PM
Agencies
NEW DELHI, July 22: Capital markets regulator Sebi has not received any specific information on any 'unfair trading' in the stock market crash on the Lok Sabha poll results day on June 4, which wiped out billions of investors' wealth, Parliament was informed on Monday. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said stock market movements are a function of investor perceptions along with other factors. He was replying to a question whether it is a fact that there is an unprecedented fall in stock prices and points amounting to a loss of Rs 30 lakh crores to investors immediately after the general elections-2024 results. The minister was also asked if it is a fact there was a demand to investigate the matter by the Securities and Exchange Board of India. "Though SEBI has received representations on the above stock market movements, no specific information on any unfair trading has been provided," Mr Chaudhary said in his reply.
Benchmark BSE Sensex had shot up 3.4 per cent to settle at a new closing peak on June 3 after exit polls predicted a resounding BJP victory in general polls. However, a day later, equity markets witnessed a bloodbath with Sensex tanking 4,390 points or nearly 6 per cent. This was the worst single-day fall in four years.
"On 4th June 2024, the date of announcement of results of the general elections, Sensex and NIFTY-50 decreased by 5.7% and 5.9% respectively. The indices recovered within three days and have reached record levels since 4th June 2024, registering an increase of 12.9% and 13.3% respectively as on 18th July, 2024," Chaudhary said.
"The decrease of around Rs 30 lakh crore in market capitalisation of companies listed on NSE and BSE on June 4, 2024, was recovered within a period of five days and it has increased by around Rs 59 lakh crore since then as on July 18," Chaudhary added.
The Securities and Exchange Board of India (Sebi), as the statutory regulator of securities markets, is mandated to put in place regulatory and surveillance frameworks to effect stable operations and development of the securities markets. It conducts regular surveillance of trends in the securities markets to enhance market integrity and safeguard the interests of investors.
Any alleged violation of its regulations is investigated and based on the findings of the investigation, appropriate enforcement action is initiated by the markets regulator under the powers given by the Sebi Act, 1992.
  Share This News with Your Friends on Social Network  
  Comment on this Story  
 
 
 
Early Times Android App
STOCK UPDATE
  
BSE Sensex
NSE Nifty
 
CRICKET UPDATE
 
 
 
 
 
 
 
 
   
Home About Us Top Stories Local News National News Sports News Opinion Editorial ET Cetra Advertise with Us ET E-paper
 
 
J&K RELATED WEBSITES
J&K Govt. Official website
Jammu Kashmir Tourism
JKTDC
Mata Vaishnodevi Shrine Board
Shri Amarnath Ji Shrine Board
Shri Shiv Khori Shrine Board
UTILITY
Train Enquiry
IRCTC
Matavaishnodevi
BSNL
Jammu Kashmir Bank
State Bank of India
PUBLIC INTEREST
Passport Department
Income Tax Department
JK CAMPA
JK GAD
IT Education
Web Site Design Services
EDUCATION
Jammu University
Jammu University Results
JKBOSE
Kashmir University
IGNOU Jammu Center
SMVDU