Sebi, stock exchanges beef up surveillance mechanism before Lok Sabha election 2019 results

Sebi, stock exchanges beef up surveillance mechanism before Lok Sabha election 2019 results

AgenciesUpdated: Wednesday, May 29, 2019, 08:01 PM IST
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New Delhi: Regulator Sebi and stock exchanges have beefed up thehigh-octane electionir surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election related events lined up.

The heightened surveillance and monitoring systems are already in place for Monday, the first trading session after the announcement of exit poll results, while they would be further ramped up on Thursday, when the final results will be declared, a senior official said.

The poll results are likely to have a bearing on trading and increased monitoring helps to keep in check possible manipulations and excessive volatility in the markets.

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