In light of SEBI Insider Trading Regulations, explain with reasons whether the following information is deemed as price sensitive : RBI has increased its repo rate by 25 basis points.
CS Executive · Securities Laws and Capital Markets · PYQS · June 2023
In light of SEBI Insider Trading Regulations, explain with reasons whether the following information is deemed as price sensitive : RBI has increased its repo rate by 25 basis points.
Answer & Explanation:
Information Status: Not Unpublished Price Sensitive Information (UPSI) Reason: An increase in the RBI repo rate by 25 basis points is a public announcement made by the Reserve Bank of India. This information is generally available to the public and affects the entire economy and financial markets, not just a specific company in an unpublished manner. Therefore, it does not qualify as UPSI under SEBI Insider Trading Regulations.
Topics: SEBI (Prohibition of Insider Trading) Regulations, 2015
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