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BSE   16 Apr 14 | 12:00 AM

359.20 -1.2 (-0.33%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 526881
Face Value: N.A.

NSE   16 Apr 14 | 12:00 AM

359.50 -0.2 (-0.06%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: FINANTECH
Performance
1 Week : Rs 364.70 (-1.51%)
1 Month : Rs 360.95 (-0.48%)
1 Year : Rs 725.80 (-50.51%)
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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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