The Securities and Exchange
Board of India is expected to soon direct the stock exchanges
to co-ordinate among themselves for a uniform no-delivery period
that is in line with the now uniform settlement, pay-in and
pay-out dates.
After gains last week, marketmen
see correction and profit-booking during the week ahead, especially
because of the prolonged current uncertainties and escalation
of tension at the border.
Foreign Institutional Investors,
along with their domestic counterparts, mutual funds investors,
turned net sellers in the equities segment of the domestic capital
market during the trading week ended on Thursday last (Nov 1).
FIIs were net sellers in equity to the tune of Rs 99.10 crore.
The Association of Mutual
Fund in India has set up a committee for reviewing various operational
aspects of mutual fund regulations issued by the Securities
and Exchange Board of India.
