Nse wields big stick suspends trading on equities of 17 firms
It seems like you're referring to a recent news article or development in the Indian stock market. Here's a possible summary:
The National Stock Exchange (NSE) has suspended trading on the equities of 17 firms due to non-compliance with regulatory requirements. This move is aimed at ensuring market integrity and protecting investors' interests.
The 17 firms, which include both listed and unlisted companies, have been found to be non-compliant with various regulations, including those related to corporate governance, accounting, and disclosure requirements. The NSE has taken this step to prevent any potential harm to investors and to ensure that the market operates fairly and transparently.
The suspension of trading on these firms' equities will remain in effect until they comply with the regulatory requirements and rectify the non-compliance issues. This move is a significant step by the NSE to maintain the integrity of the Indian stock market and to protect the interests of investors.
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