Markets

Stock markets to remain open during nationwide lockdown

PALAK SHAH Mumbai | Updated on March 24, 2020 Published on March 24, 2020

SEBI to notify exemption for capital and bond markets

Capital and debt market services will remain open during the national lockdown as announced by the Centre. According to guidelines issued by the Centre, capital and debt market services will be exempted as notified by SEBI.

BSE chief Ashish Chauhan in a Tweet mentioned that the exchange will function as usual. Communication team of National Stock Exchange (NSE) too informed that exchange will operate fully.

Experts who spoke to Business Line said that even while stock exchanges have said that markets will remain open, officially a circular in this regard has to come from SEBI given the wordings in the guidelines issued by the Centre.

Capital market also now covers commodity exchanges as they fall under SEBI’s perview. Source said that top management of leading commodity bourse has told SEBI that the exchange would be comfortable if the timing of commodity futures trading is cut in till the lock-down. Equity markets trade between 9 am to 3.30 pm but commodity trading is open till mid-night 11.50 pm. Also, brokers association in both equity and commodity markets have sought closure of trading till lock down due to logistical issues as their employees are not able to reach office due to lack of transport facilities and voluntary lock down by several residential societies.

Published on March 24, 2020

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill. Everyone has been impacted.

Including your favourite business and financial newspaper. Our printing and distribution chains have been severely disrupted across the country, leaving readers without access to newspapers. Newspaper delivery agents have also been unable to service their customers because of multiple restrictions.

In these difficult times, we, at BusinessLine have been working continuously every day so that you are informed about all the developments – whether on the pandemic, on policy responses, or the impact on the world of business and finance. Our team has been working round the clock to keep track of developments so that you – the reader – gets accurate information and actionable insights so that you can protect your jobs, businesses, finances and investments.

We are trying our best to ensure the newspaper reaches your hands every day. We have also ensured that even if your paper is not delivered, you can access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute, so that you can access the information you want anywhere, anytime.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. Sustaining our quality journalism has become extremely challenging. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all or readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. Doing so is easy. You can help us enormously simply by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section that offers rich investment advice from our highly qualified, in-house Research Bureau, the only such team in the Indian newspaper industry.

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor
You have read 1 out of 3 free articles for this week. For full access, please subscribe and get unlimited access to all sections.