MCX, Financial Tech gains on SEBI go-ahead
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)
- Tweet this
- Share this
- Digg this
MISSING MALAYSIAN PLANE
Malaysia's military believes a jetliner missing for almost four days turned and flew hundreds of kilometres to the west after it last made contact with civilian air traffic control off the country's east coast, a senior officer told Reuters on Tuesday. Full Article | Slideshow
India halts plan to join global bond indexes, defers Euroclear - sources. Full Article
EXCLUSIVE - India to slash Iran oil imports to meet nuclear deal parameters: sources. Full Article