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The stock of Financial Technologies gained 3.74 per cent in adverse market conditions. According to market players, the company's recent announcement that it plans to set up an international multi-commodity exchange, Global Board of Trade (GBOT), has buoyed sentiment for the stock. GBOT, in which Financial Technologies will own a majority stake, had received an in-principle approval from the Financial Services Commission in the Mauritius.

The expectation of bonus issue also appears to have triggered trading interest in the stock.

K.S. Badri Narayanan

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