SEBI monitoring market situation closely

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Posted: Tuesday, Sep 30, 2008 at 1051 hrs IST
Updated: Tuesday, Sep 30, 2008 at 1051 hrs IST

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Bourses allowed to extend trading hours Sebi wants listed cos to provide more info New Sebi norms may jinx Bharti-MTN deal

New Delhi, September 30: : Market regulator SEBI on Tuesday allayed fears of the US financial crisis affecting Indian markets, saying there was no panic as it was monitoring the situation very closely.

SEBI Chairman C B Bhave made statement just before his meetings in North Block.

"There is no panic in Indian market and we are monitoring the situation closely," he said in New Delhi.

Within minutes of Bhave's statement, the stock markets recovered early losses as the BSE Sensex was ruling at 12,397, down by 197 points.

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» Regadind sebi decleration

Posted by Krishan on 2008-10-02 10:14:52.778124+05:30
in my opnion share market to be build up after the sebi decleration , market will recover immediate .but us crisis are along with us. so that's why iam not sure.and what opnion in this argument

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