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BSE   22 May 15 | 03:59 PM

166.85 -2.3 (-1.36%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 526881
Face Value: N.A.

NSE   22 May 15 | 03:58 PM

167.00 -1.95 (-1.15%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: FINANTECH
Performance
1 Week : Rs 168.30 (-0.86%)
1 Month : Rs 179.95 (-7.28%)
1 Year : Rs 244.75 (-31.83%)
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Financial Tech extends gains on hopes of Sebi nod for MCX-SX

SI Reporter / Mumbai 12 Apr 12 | 09:49 AM

Financial Technologies is trading higher by 4% at Rs 774, extending its Wednesday’s 6% rally, on reports that the market regulator Securities and Exchange Board of India (Sebi) has agreed in the Supreme Court on Wednesday to amend its rules and dispose of MCX-SX’s application for recognition as a stock exchange within three months.

“The apex court asked SEBI to consider within three months the application of MCX-SX seeking permission to launch an equity trading platform, which has been previously rejected by the capital market regulator," the report suggests.

A combined 250,000 shares have changed hands on the counter in morning deals on the NSE and BSE.

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