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SEBI says institutional investors need to disclose upfront about short sale of shares

Shortpedia

Content Team
Image Credit: economic times

Markets watchdog SEBI on Friday said that institutional investors have to disclose upfront at the time of placing an order whether a proposed transaction is a short sale or not, a significant move aimed at curbing market volatility. The Securities and Exchange Board of India (SEBI) has made certain changes with respect to norms pertaining to short selling in the market.