Business Standard

HFCL, i-Gates up on shift to rolling settlement

DALAL STREET SPIKES

Related News

Stocks such as Hindustan Construction, HFCL, i-Gates and Mukta Arts were in the limelight on the BSE owing to the National Stock Exchange's (NSE) plan to shift 34 scrips from the trade-to-trade segment to rolling settlement.
 
was up 7.19 per cent at Rs 15.60, up 15.11 per cent at Rs 15.01, i-Gates up 20.97 per cent at Rs 271.45 and Mukta Arts up 13.27 per cent at Rs 6.35 were among the biggest gainers.
 
NSE, to ensure market safety and safeguard the interest of investors and as a part of a surveillance review and pursuant to the meeting with the Security Exchange Board of India (Sebi), decided to move 34 stocks from the trade-to-trade mode to the rolling settlement. It will also shift 18 securities from the rolling segment to the trade-to-trade sector.
 
The scrips which will be transferred to the trade-to trade segment posted losses. Among the biggest losers were GTL, SSI, and Aftek "" all ending negative in the 10-14 per cent range. The changes will come into effect on March 9, 2004.

 
 

Read more on:   
|
|

Read More

Cairn India shares fall after earnings lag estimates

Shares in Cairn India fall 1.7 percent in after its Jan-march earnings lag estimates, dealers say.

Quick Links

 

Market News

SAT asks NSE to partially reconsider Emkay flash crash orders

The crash was on October 5, 2012, when a trader had punched an order to sell 1.7 million baskets

Sebi opens office in Bangalore

The local office is located on Residency Road, Bangalore

Markets gain third straight week on growth hopes

Despite the Supreme Court verdict on coal block allocations markets edged higher led by defensives

Mineral royalty highest in India

The overall costs of India's mining sector are also the highest

NCDEX introduces long staple cotton bales futures contract

Exchange will facilitate delivery of 29 mm cotton bales through Comtrack

Back to Top