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BSE   21 Oct 14 | 12:04 PM

214.10 2.05 (0.97%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: 526881
Face Value: N.A.

NSE   21 Oct 14 | 11:54 AM

213.60 1.5 (0.71%)
Mkt Price (Rs)   Chg Rs (Chg %)
Code: FINANTECH
Performance
1 Week : Rs 220.85 (-3.06%)
1 Month : Rs 240.50 (-10.98%)
1 Year : Rs 161.75 (32.36%)
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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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