Finance · Financial Markets
Assess the validity of the following technical details regarding the trading and settlement operations in the Indian stock exchanges. Statement 1. The circuit breaker system in the stock exchanges is designed to halt trading in the entire market in the event of a steep move in the index either upwards or downwards. Statement 2. A block deal is a single trade having a minimum value of 10 crore rupees executed through a separate window on the stock exchange during specified time slots. Statement 3. Short selling is the practice of selling a security that the seller does not own at the time of trade and it is permitted for both retail and institutional investors in the Indian market with certain restrictions. Statement 4. The Securities Transaction Tax (STT) is a tax levied on the value of securities transacted on a recognized stock exchange in India and its rates vary for equity and derivative segments. Which of the following reflects the accurate status of these statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All statements are correct.
- 2Statement 1 and Statement 2 are correct.
- 3Statement 2 and Statement 4 are correct.
- 4Statement 1, Statement 3 and Statement 4 are correct.✓
Correct answer
Statement 1, Statement 3 and Statement 4 are correct.
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