Page 25 - Bse Nse
Indian stock markets likely to continue upward journey in the coming week
Currently, the benchmark indices are near lifetime highs after clocking gains of more than 11 per cent since September 19, a day before corporation tax rate cuts were announced
 "Indian stock markets likely to continue upward journey in the coming week")
BSE, NSE put detailed framework in place for enhanced monitoring of cos
Leading stock exchanges BSE and NSE have put in place a detailed framework for shortlisting and reviewing of securities under graded surveillance measures (GSM), wherein investors need to be extra cautious while dealing in such stocks. These additional guidelines have been made after a joint surveillance meeting of markets regulator Sebi with exchanges last week, the bourses said in separate circulars. Under the new criteria, securities having a networth of less than or equal to Rs 10 crore and net fixed assets of less than or equal to Rs 25 crore are eligible for inclusion under the GSM framework. Also, securities with a negative price earning (PE); or having a greater than two times PE of benchmark index -- Nifty 500 or S&P BSE 500 --can be included. Further, the exchanges said securities with full market capitalisation of less than Rs 25 crore can be directly included under GSM stage I. GSM framework has been made to check any abnormal rise in stock price not commensurate with
 "BSE, NSE put detailed framework in place for enhanced monitoring of cos")
