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Indian Market, Regulation & Taxation

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Indian Market, Regulation & Taxation

Market Manipulation

Conduct intended to create a false or misleading appearance of trading or an artificial price in a security.

Test: the conduct creates a false appearance of trading activity or an artificial price, whether by matched trades, circular trading, wash trades or misleading statements qualitative
Indian Market, Regulation & Taxation

MCX

The Multi Commodity Exchange of India, the country's largest exchange for commodity derivatives.

Test: the contract is a commodity derivative admitted to trading on the MCX, regulated by SEBI qualitative
Indian Market, Regulation & Taxation

Muhurat Trading

A symbolic one-hour trading session held on Diwali to mark the start of the Hindu accounting year, Samvat.

Test: a special trading session is conducted by the exchanges on Diwali at a time announced in advance qualitative