Mumbai, June 11 (IANS) India’s market regulator, the Securities and Exchange Board of India (SEBI), on Thursday proposed a new mechanism to prevent the same stock from trading at significantly different prices across exchanges. The move is aimed at improving price discovery and liquidity, particularly in thinly traded shares.In a consultation paper, SEBI said that when a stock does not trade on one exchange but remains active on another, the inactive exchange should use the active exchange’s clo…
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