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SEBI proposes Uniform Price Band mechanism for stocks listed on multiple exchanges
SEBI has proposed a uniform price-band mechanism whereby exchanges with no trading activity in a stock will use the closing price from the most active exchange, reducing price discrepancies and improving price discovery in illiquid multi-listed stocks.
SEBI has proposed a uniform price-band mechanism whereby exchanges with no trading activity in a stock will use the closing price from the most active exchange, reducing price discrepancies and improving price discovery in illiquid multi-listed stocks.
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