Page 3 - Indian Stock Exchanges
Coronavirus: Maharashtra working on plan to tackle economic challenges
On Friday, the state government announced that all non-essential services, including private offices and stores in Mumbai, Pune and Nagpur would remain shut till March 31
 "Coronavirus: Maharashtra working on plan to tackle economic challenges")
How Coronavirus may have given global markets their worst week since 2008
Hopes that the epidemic would be over in a few months and economic activity would return to normal have been shattered, as new infections reported around the world now surpass those in China
 "How Coronavirus may have given global markets their worst week since 2008")
Sebi confirms ban on BRH Wealth Kreators, 7 others from securities market
In October 2019, the bourse forwarded a report of its preliminary observations of BMA to Sebi and it was observed that the entity prima facie failed to comply with Sebi regulations
 "Sebi confirms ban on BRH Wealth Kreators, 7 others from securities market")
GMR Infra to Dish TV: NSE identifies eight firms for surveillance action
Leading stock exchange NSE has shortlisted eight companies, including Future Enterprises and GMR Infrastructure, that have higher levels of pledged shares by promoters, for surveillance action. The exchange would levy minimum margin of 35 per cent on the respective shares, including on stocks in derivatives segment. Jindal Steel & Power, Dish TV India, Gayatri Projects, Max India, Sadbhav Infrastructure Project and Sequent Scientific are the other six companies identified for surveillance action, according to a circular. "The applicable rate of margin in equity and equity derivatives segment shall be 35 per cent or existing margin, whichever is higher with effect from December 5 on all open positions as on December 4 and new positions created from December 5," the bourse said. It also noted that shortlisting of securities under this surveillance measure is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company. In
 "GMR Infra to Dish TV: NSE identifies eight firms for surveillance action")
Indian stocks to make a comeback as banking crisis passes, says AMP
"Shadow banking incidents are unlikely to derail the positive backdrop for India equities following the tax cuts," said Nader Naeimi, who oversees more than $1 billion in assets at AMP Capital
 "Indian stocks to make a comeback as banking crisis passes, says AMP")
Indian bourses' gag order on price discovery
Three Indian stock exchanges have come together to announce they would stop feeding price data to foreign stock exchanges
 "Indian bourses' gag order on price discovery")
