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What is 'unaffected price' concept to manage stock prices amid rumours?
short by Hiral / on Wednesday, 22 May, 2024
SEBI has introduced the concept of 'unaffected price' to manage movements in stock prices due to rumours. It defined unaffected price as share price level that would have appeared if there was no rumour. This price will be applicable only if the company confirms the rumour pertaining to the transaction within 24 hours from the trigger of material price movement.
read more at NDTV Profit