India's regulator asks local exchange not to launch new rapeseed contract
India's market regulator on Friday directed the local National Commodity And Derivatives Exchange not to launch a new rapeseed contract until further orders
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File photo: PTI
NEW DELHI (Reuters) - India's market regulator on Friday directed the local National Commodity And Derivatives Exchange (NCDEX) not to launch a new rapeseed contract until further orders.
For running contracts, the Securities and Exchange Board of India (SEBI) said no new position would be allowed in rapeseed, popularly known as mustard, in India, according to a SEBI order.
(Reporting by Mayank Bhardwaj; Editing by Shri Navaratnam)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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First Published: Oct 08 2021 | 10:02 AM IST