https://www.taxtmi.com/circulars?id=58018 Daily Price Limits for non-agricultural commodity derivatives are set in tiered slabs with category-specific initial and enhanced slabs; steel has a two-slab structure with a cooling-off-triggered enhancement, while gold and other non-agricultural commodities use a three-slab mechanism with an immediate first enhancement and a cooling-off-triggered second enhancement. Exchanges may relax limits further if international reference markets move beyond the aggregate DPL but must notify surveillance with justification. For a contract's first trading day the base price for DPL is derived from VWAP of opening trades and governs the day's limits; exchanges may prescribe narrower limits and must update rules, disseminate changes, and report implementation to the regulator. en-us Wed, 07 Sep 2016 00:00:00 +0530 Wed, 05 Dec 2018 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58018 Daily Price Limits for non-agricultural commodity derivatives are set in tiered slabs with category-specific initial and enhanced slabs; steel has a two-slab structure with a cooling-off-triggered enhancement, while gold and other non-agricultural commodities use a three-slab mechanism with an immediate first enhancement and a cooling-off-triggered second enhancement. Exchanges may relax limits further if international reference markets move beyond the aggregate DPL but must notify surveillance with justification. For a contract's first trading day the base price for DPL is derived from VWAP of opening trades and governs the day's limits; exchanges may prescribe narrower limits and must update rules, disseminate changes, and report implementation to the regulator. Circulars SEBI Wed, 07 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58018