Stockbrokers continue to face problems to reach offices

March 25, 2020 11:07

Stock brokers and other personnel related to capital markets continued to face difficulties in commuting to their workplaces on Wednesday amid a 21-day nationwide lockdown to contain the spread of coronavirus outbreak. This comes despite Sebi's last evening notification that stock brokers and other capitals, debt market related entities will be exempted from such closures.

Stock brokers association Anmi and Commodity market Participants Association of India on Wednesday said brokers are still facing problem while commuting to their respective offices as police are not allowing any movement.

Further, Anmi has said it is receiving request to suspend broking services and it will take up the matter with Sebi. CPAI has requested the regulator to curtail trading hours.

Prime Minister Narendra Modi on Tuesday announced a 21-day nationwide lockdown as part of efforts to curb spreading of coronavirus infections. However, the government has said that capital market and debt market entities notified by Sebi will be exempted from such closure.

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