 "The National Stock Exchange (NSE) Nifty 50 Index ended below the 200-daily moving average (DMA) after a month, with the index now down 5.3 per cent, or 1,254 points, from a high of 24,792 in just five trading sessions. It closed at 23,587.50 on Frida")
(This report has been updated)
The National Stock Exchange (NSE) and the BSE are yet to find some common ground on the disagreement over the clearing and settlement charges which has stretched for more than a year. The NSE stated in its latest financial statements that its wholly-owned subsidiary NSE Clearing (NCL) was in deficit of Rs 177 crore in the minimum liquid assets required under the norms laid down by the Securities and Exchange Board of India (Sebi). The NCL added that the deficit was mostly on the account of pending dues from rival BSE that amount
The National Stock Exchange (NSE) and the BSE are yet to find some common ground on the disagreement over the clearing and settlement charges which has stretched for more than a year. The NSE stated in its latest financial statements that its wholly-owned subsidiary NSE Clearing (NCL) was in deficit of Rs 177 crore in the minimum liquid assets required under the norms laid down by the Securities and Exchange Board of India (Sebi). The NCL added that the deficit was mostly on the account of pending dues from rival BSE that amount
