NSE seeks clarification from BSE on spurt in stock's volume

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Press Trust of India New Delhi
Last Updated : Jul 10 2017 | 4:32 PM IST
Leading bourse National Stock Exchange (NSE) today sought clarification from rival BSE about a significant increase in the trading volume of its shares.
A total of 5,941 shares of BSE worth Rs 64.58 lakh were traded on the NSE.
The 140-year-old BSE Ltd, which got listed on NSE's platform in February, said no price sensitive information is pending with it for furnishing to NSE.
"Significant increase in volume has been observed in BSE Limited. The exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company," NSE said.
In its response BSE said that there is no such announcement or price sensitive information, which is pending to be intimated by the company to the stock exchange concerning its performance.
"We wish to reiterate and clarify that all the information furnished by the company is in public domain and the company will comply with Sebi (Listing Obligations and disclosures Requirements) Regulations and keep the stock exchanges duly informed of all the price sensitive information(s)," BSE said in a statement.

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First Published: Jul 10 2017 | 4:32 PM IST

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