Page 9 - Stock Exchanges

Devise framework for non-reporting margins fines: Sebi to stock exchanges

The move is intended "to rationalise and bring uniformity in the manner of imposition of fine for 'false or incorrect' reporting of margin and 'non-reporting' of margin", Sebi said in a circular

BSE, NSE list out 194 illiquid stocks, ask members to trade cautiously

With an aim to safeguard investors' interest, leading stock exchanges -- BSE and NSE -- have advised their members to take extra caution while trading in as many as 194 illiquid stocks. Illiquid stocks are the ones which cannot be sold easily because they see limited trading. These stocks pose higher risks to investors because it is difficult to find buyers for them as compared to frequently traded shares. In similar-worded circulars, both the exchanges advised their trading members "to exercise additional due diligence while trading in these securities either on own account or on behalf of their clients." BSE and NSE have listed out 186 and 8 illiquid stocks, respectively, where additional due diligence is required. Illiquid scrips listed by both the exchanges, include Bilpower, Creative Eye, Euro Multivision, GI Engineering Solutions, Jaihind Projects, Usha Martin Education & Solutions, Quintegra Solutions and Radaan Mediaworks India Ltd. These scrips will be traded in periodic

Govt may list only two insurance firms on stock exchanges in FY18

The listing would be done in staggered manner for better market response

Stock exchanges propose extending trade hours till 7.30 pm, await Sebi nod

Various proposals on the table include extending trade hours till 5 pm, 5.30 pm and 7.30 pm

NSE, BSE initiate audit of 100 'shell' firms

Sources said the exchanges were in the process of appointing an audit panel