In a major development market regulator on Wednesday, 19 March 2008, the Securities and Exchange Board of India (Sebi) allowed short selling of shares by all institutional investors from 21 April 2008.
It will also introduce a scheme for lending and borrowing securities from the same day, Securities and Exchange Board of India (Sebi) said.
Currently, only individual retail investors are allowed to short sell, or sell shares that they do not hold but expect to buy later.
It will also introduce a scheme for lending and borrowing securities from the same day, Securities and Exchange Board of India (Sebi) said.
Currently, only individual retail investors are allowed to short sell, or sell shares that they do not hold but expect to buy later.
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