Sebi should ban short-selling to avoid market crisis

We need to learn from China and ban short-selling. This would reduce the speculative hammering of the stocks and thereby help in stabilising the markets.

Panic selling on the back of widespread of the novel Coronavirus (COVID-19) along with certain fundamental concerns in the economy led to the crash in the markets on Friday with the Nifty hitting the lower circuit for the first time. What is required, right now, is a ban on short-selling in the markets.

The regulator has already lost a lot of time, and further delay will only lead to a market crisis. I would, humbly, request the Securities and Exchange Board of India (Sebi) to ban short-selling just the way China did.  We need to learn from China, the way