Indian Commodity Exchange ceases to be recognised bourse: Sebi

Indian Commodity Exchange ceases to be recognised bourse: Sebi

Capital markets regulator Sebi on Tuesday derecognised Indian Commodity Exchange Ltd saying the bourse does not have sufficient number of experienced staff and requisite financial capacity. Consequently, “ICEX shall cease to be a recognised stock exchange,” Sebi said in an order. ICEX (Indian Commodity Exchange) was recognised as an exchange under forward contracts through a […]

Be very cautious now, market lacks leadership: Ajay Bagga

Be very cautious now, market lacks leadership: Ajay Bagga

“I have been cautious for the last eight weeks. I would still remain cautious. There is no silver lining right now. This period has to be gone through. The good thing is in India at least the economic dynamics are good,” says market expert Ajay Bagga. How would you characterise the week gone by? There […]