India stock-market warning system curbs GameStop-like gains


MUMBAI: For regulators hoping to rein in wild moves in small stocks like the 17-fold surge in GameStop Corp last month, India has a system worth studying.

Rules created by the Securities and Exchange Board of India together with the nation’s exchanges are aimed at preventing unwarranted price swings and manipulation of stocks with a market capitalisation below 250 million rupees (US$3.4mil).

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

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Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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