Mumbai: Sebi and stock exchanges have enhanced vigil to keep manipulators at bay and ensure smooth operations, anticipating huge volatility during the special stock market trading on Feb 28, the Budget day.
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Fearing attempts by manipulators to take advantage of high anticipations associated with the Budget, the surveillance systems have been put on high alert.
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Various market entities have also been asked to ring-fence their systems and infrastructure from any sudden volatility.
Many brokers have informed their customers that they are anticipating high market volatility during the period of Budget announcement and therefore they have increased the trading margin requirements for the clients.
Being a Saturday, it may add to trading volumes and volatility as overseas markets, including Singapore where many foreign investors take position before trading begins in India on normal days, would be closed and the foreign investors are expected to trade directly on Indian bourses.