India's top 100 listed companies must verify market rumours in 24 hours

Starting June 1, the top 100 listed companies must confirm or deny market rumors in mainstream media within 24 hours. The rule aims to prevent information leaks affecting stock valuation, enhancing market fairness. Sebi's new framework excludes price volatility for corporate actions, ensuring a level playing field for all investors. This initiative strengthens the market's integrity, making it more attractive to global investors.