MCX, Financial Tech gains on SEBI go-ahead

Thu Dec 20, 2012 3:37pm IST

Related Topics

Stocks

   

Reuters Market Eye - Shares in Multi Commodity Exchange of India (MCEI.BO) and Financial Technologies (FITE.NS) which owns 26 percent in MCX, gain after the company said in a statement it has received the final go-ahead from the markets regulator Securities and Exchange Board of India (SEBI) for starting operations in MCX Stock Exchange.

The company also adds that SEBI has already cleared the first lot of registration of 100 members and the balance applications are expected to be cleared shortly.

Multi Commodity Exchange of India gains 1 percent, while Financial Technologies is up 2.4 percent.

(Reporting by Abhishek Vishnoi)

FILED UNDER:

Reuters Showcase

Markets Weekahead

Markets Weekahead

Focus on sectors which will build India: Ambareesh Baliga.  Full Article 

FMC-SEBI Merger

FMC-SEBI Merger

Regulatory shakeup could revive commodities markets   Full Article 

Tax Incentives

Tax Incentives

Budget woos foreign investors  Full Article 

Excise Duty

Excise Duty

Cigarette makers fall after budget hikes excise duty  Full Article 

Welcoming the Budget

Welcoming the Budget

India Inc cheers corporate tax cut, simpler rules  Full Article 

Gold Price

Gold Price

Gold prices to rise after budget keeps import duty high  Full Article 

Fuel Prices

Fuel Prices

IOC to raise diesel, petrol prices from Sunday  Full Article 

Moody's on Budget

Moody's on Budget

Budget "credit neutral" from a ratings perspective - Moody's   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage