Financial Daily from THE HINDU group of publications
Saturday, Jan 11, 2003
Financial Daily from THE HINDU group of publications Saturday, Jan 11, 2003 |
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Markets
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Derivatives Markets SEBI pulls out 6 cos from derivatives list Our Bureau
MUMBAI, Jan. 10 THE Securities and Exchange Board of India (SEBI) today decided to defer derivative trading in stocks of Zee Telefilms, Aftek Infosys, GTL, Himachal Futuristic, and SSI. These five stocks were included in the list of 31 stocks permitted for futures and option trading from January 31, announced by SEBI on Thursday. In addition to these stocks, trading in the Silverline Technologies was also withdrawn from derivatives lists, which was earlier permitted to trade in the NSE only. In a statement, issued today the Bombay Stock Exchange said "SEBI has now conveyed to the exchange that the introduction of the securities of 5 companies be deferred to a future date till further review by SEBI in view of their names appearing in Chapter 7 of the JPC report on the stock market scam 2001". BSE further stated that the trading in other additional securities would commence from January 31, 2003.
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