SEBI to propose SOP for unscheduled market holidays
SEBI Chairperson Tuhin Kanta Pandey announced plans to develop a standard operating procedure for unscheduled market holidays to improve financial market resilience. He also noted that approval for the National Stock Exchange's IPO is expected within weeks.
Why it matters
These regulatory updates are critical for maintaining stability and efficiency in India's financial markets.
The Securities and Exchange Board of India (SEBI) is set to propose a standard operating procedure (SOP) for operational activities related to unscheduled market holidays, as part of efforts to strengthen market resilience while improving efficiency and ease of doing business.
The article is a standard business report covering regulatory announcements and market updates.
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