Press Esc to close
Friday 26 August 2016
News updated at 2:15 AM IST
Weather
Max: 29.3°C
Min : 20.8°C
In Bengaluru
Sunny day

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
Children dressed Radha Krishna on the occasion of Sri Krishna Janmashtami celebrations...

Children dressed Radha Krishna on the occasion of Sri Krishna Janmashtami celebrations...

Renowned artist Partha Das hands over a potrait of Mother Teresa to Sister Lysa...

Renowned artist Partha Das hands over a potrait of Mother Teresa to Sister Lysa...

Sarbananda Sonowal feeding baby elephants rescued during the recent floods at Wildlife...

Sarbananda Sonowal feeding baby elephants rescued during the recent floods at Wildlife...

Members of AISA and JNUSU shout slogans during their protest in connection of JNU rape case...

Members of AISA and JNUSU shout slogans during their protest in connection of JNU rape case...

Devotees form a human pyramid to celebrate the festival of Janmashtami, marking the birth...

Devotees form a human pyramid to celebrate the festival of Janmashtami, marking the birth...

A devotee performs prayers at a Lord Shiva temple submerged in flood water of Ganga River...

A devotee performs prayers at a Lord Shiva temple submerged in flood water of Ganga River...

An aerial view of a flooded area in Allahabad on Thursday...

An aerial view of a flooded area in Allahabad on Thursday...

A view of lighting at Sri Krishna Janamsthan temple during Sri Krishna Janmashtami festiva...

A view of lighting at Sri Krishna Janamsthan temple during Sri Krishna Janmashtami festiva...

Muslim women carrying their children dressed up as Lord Krishna and Radha for a program...

Muslim women carrying their children dressed up as Lord Krishna and Radha for a program...

Bollywood actress Sonakshi Sinha at a press conference to promote her upcoming film in Jaipur...

Bollywood actress Sonakshi Sinha at a press conference to promote her upcoming film in Jaipur...

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