New Document top_band
 
Business Standard

HFCL, i-Gates up on shift to rolling settlement

DALAL STREET SPIKES

Related News

Stocks such as , , 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.
 
Hindustan Construction was up 7.19 per cent at Rs 15.60, HFCL 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

KPIT Technologies dips on weak Q1 results

KPIT Technologies plunged 7% to Rs 162 on the BSE after consolidated net profit dropped 17% to Rs 51 crore

Financial Technologies surges 25% in three days post stake sale in MCX

At 1250 hours, a combined 5 million shares changed hands and there are pending buy orders for 140,000 shares on BSE and NSE.

Mentha oil futures fall 0.87% on profit-booking

Oil for delivery in August lost 0.7%

Lead futures fall 0.26% on overseas trend, subdued demand

Market analysts said besides a weak trend in base metals at the LME, subdued demand put pressure on metal prices

Nickel down 0.4% on overseas trends, subdued demand

Metal for delivery in July also shed 0.38%

Back to Top