Friday, May 28, 2010



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NSE plans new short-selling system

Posted: 28 May 2010 04:46 AM PDT

Move aimed at luring more investors to the market. The National Stock Exchange (NSE), the country's largest bourse, plans to offer a new system for short sales within the next few weeks, a move aimed at luring investors to the local market after expanding in the US and Singapore. The c...

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StanChart India public offer 24% covered by 1.05 pm

Posted: 28 May 2010 04:43 AM PDT

The public portion of UK bank Standard Chartered’s sale of Indian depositary receipts was 24 per cent covered as of 1.05 pm (0735 GMT) on Friday, on the last day of book building in a deal that drew sluggish response on its first three days, exchange data showed. Of the 204 million...

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