Get live News Updates visit us at http://www.ripplesadvisory.com or One Missed Call on @ 9644405056
Benchmark indices pared some opening gains to turn flat with Nifty slipping below the 9,800-mark as the selling pressure gripped the markets.
The sentiment was also cautious after leading stock exchange BSE announced on Monday that it will 'compulsorily' delist 200 firms this week and bar their promoters from the markets for 10 years as trading in these shares has remained suspended for over a decade. All these companies will be delisted from August 23.
The move also comes at a time when authorities are clamping down on shell companies -- listed as well as unlisted -- for allegedly being used as conduits for illicit fund flows, said a report.
No comments:
Post a Comment