Press Esc to close
Tuesday 28 June 2016
News updated at 3:18 AM IST
Weather
Max: 27.5°C
Min : 19.4°C
In Bengaluru
Generally cloudy

NSE to remove price bands of 6 state firms

Mumbai, Feb 3, 2013, PTI:

Country’s leading bourse National Stock Exchange (NSE) has decided to remove price bands from securities of six state-owned companies, including Oil India, Bharat Electronics and Engineers India Ltd, from today.

The decision to remove price bands, which limit the maximum upward or downward movement in a share during a day’s trading within a pre-determined range, has been taken by NSE after a periodic surveillance review in consultation with Sebi.

The six companies whose stock would not be subjected to a price band also include Container Corporation of India (CONCOR), National Aluminium Company (NALCO) and Shipping Corporation of India (SCI).

“Based on surveillance review and pursuant to a decision in the meeting held at Securities and Exchange Board of India (Sebi), it has been decided that no band will be applicable to the following security with effect from February 4, 2013 (Monday),” NSE said in a circular issued on Friday.


Go to Top

Photo Gallery
People carry an effigy representing inflation devil on a camel-cart during a demonstration...

People carry an effigy representing inflation devil on a camel-cart during a demonstration...

A car wades through a water logged lane at Jayadev Bihar after heavy monsoon rains in Bhubaneswar...

A car wades through a water logged lane at Jayadev Bihar after heavy monsoon rains in Bhubaneswar...

A sadhu at a base camp for Amarnath Yatra ahead of their registration in Jammu...

A sadhu at a base camp for Amarnath Yatra ahead of their registration in Jammu...

The titular head of Wodeyar dynasty Yaduveer Krishnadatta Chamaraja Wodeyar and Trishika Kumari...

The titular head of Wodeyar dynasty Yaduveer Krishnadatta Chamaraja Wodeyar and Trishika Kumari...

A white tiger takes bath in a pond during a hot summer day at its enclosure in Kolkata Zoo...

A white tiger takes bath in a pond during a hot summer day at its enclosure in Kolkata Zoo...

An artiste gives finishing touches to an idol of Goddess Durga for upcoming Durga Puja...

An artiste gives finishing touches to an idol of Goddess Durga for upcoming Durga Puja...

Collapsed tents at BJP Awadh Kshetriya Booth Sammelan following the storm, in Barabanki...

Collapsed tents at BJP Awadh Kshetriya Booth Sammelan following the storm, in Barabanki...

Women Kabaddi players who will take part in the Women's Kabaddi Challenge, at a press conference...

Women Kabaddi players who will take part in the Women's Kabaddi Challenge, at a press conference...

People enjoy the rainy weather on a beach along the Arabian Sea in Mumbai...

People enjoy the rainy weather on a beach along the Arabian Sea in Mumbai...

The underconstruction Bogibeel Bridge over the mighty Brahmaputra River in Dibrugarh district....

The underconstruction Bogibeel Bridge over the mighty Brahmaputra River in Dibrugarh district....

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523