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Stop
brokers from advertising their services, Sebi tells bourses |
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In its first major move to
curb the menace of proliferated extended stock trading terminals
by registered stock brokers, The Sebi has for the first time
asked all the stock exchanges to stop their registered brokers
and sub-brokers from seeking new clientele through advertisements
of their stock market-related activities. |
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Tata
group stocks gain up to 19 % due to spurt in volumes, prices |
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Tata-group stocks have been
on a rally since the government increased the limit on buyback
of shares from 5-10 per cent without shareholder approval. |
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Rally
in old economy lifts Sensex 32 pts |
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Buoyed by good second quarter
results from some of the topline corporates, a cross section
of investors resorted to bottomfishing on Wednesday which saw
the benchmark BSE-30 Sensex closing the day on a positive note
after declining for the past five trading sessions. |
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MFs
must adhere to norms, says Sebi official |
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The Mutual Fund industry must
adhere to transparency and disclosure norms as prescribed by
the Securities and Exchange Board of India so that investors
can take well informed decisions. |
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