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BSE shifts 850 stocks to T group
Mumbai: The BSE has said that it has shifted 850 scrips in the trade-to-trade (T) segment by way of a surveillance action imposed on them. This number is in addition to the scrips that are already under the `Z' group, which are also settled on trade-to-trade basis.

T segment implies that all transactions in the scrip are delivery based and curtails excessive speculation. The exchange's trading system also displays a pop-up caution message at the time of order entry in these scrips.

BSE, in a statement, has said that as part of a surveillance review, all scrips under T segment (including `Z' group) are attracting 100 per cent margin from August 8. Additionally all the scrips under this segment attract a reduced circuit filter of 5 per cent from September 21.

The exchange has also suspended 1,369 scrips (since 2000-01) till date on account of non-compliance with various clauses of listing agreement.

It has also issued show-cause notice to 95 companies for non-compliance with the provisions of listing agreement.
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42 per cent of FII inflows into markets through participatory notes
Mumbai: SEBI sources indicate that the share of participatory notes account for almost 42 per cent of the US$8.3bn invested by FIIs in the Indian securities market so far this year. This is up from 24 per cent earlier this year.

While FIIs were net investors to the tune of US$8.5bn during the last calendar year, market sources indicate that the total

investments in the current year may well touch US$12bn this year.

The total number of registered FIIs now stands at 782, which is up from 632 on December 31, 2004. According to market sources, the new FIIs registered this year are largely Japanese and Scandinavian investors.
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domain-B : Indian business : News Review : 22 September 2005 : markets