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Wednesday, December 25, 2024 | 08:14 AM ISTEN Hindi

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Coronavirus: Brokers face hurdles after lockdown imposed by state govts

This prompted industry body Association of National Exchanges of Members of India to write the authorities.

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Earlier, Anmi had raised this issue with Sebi. The market regulator had highlighted this issue in a circular it issued on Monday.

BS Reporter
People working in the broking industry complained about difficulties in reaching offices because of the curfews imposed by various state governments.

This prompted industry body Association of National Exchanges of Members of India (Anmi) to write the authorities. “Anmi requests government, Finance Ministry and Sebi for closure of share markets unless all state governments declare share broking and depository services as essential services exempted from lockdown and curfew,” said VIjay Bhushan, president, Anmi. Industry players say while Mumbai, Gujarat, Rajasthan have declared capital markets as essential services on the ground they were facing difficulties convincing the authorities. Naresh Pachisia, MD, SKP

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