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Mumbai, Maharashtra, India
Besides being a CHARTERED ACCOUNTANT from Institute of Chartered Accountants of India,SAP certified consultant(FICO) and A Director in an advertising Company,I am a BSE certified stock analyst(technical) and I trade regularly on Bombay stock exchange.Do you like to have some free reliable stock trading tips ??? Visit my blog daily and follow my research.

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Thursday, March 19, 2009



India National Exchange to Remove Akruti From Derivatives Trade

March 19 (Bloomberg) -- India's National Stock Exchange will remove Akruti City Ltd., the nation's second-largest developer by market value, from its derivatives segment by end of this month.

Trading in futures and options of the Mumbai-based company will be halted after March 26, the day contracts for April and May expire, the exchange said on its Web site, without providing a reason for the exclusion.

Akruti shares rose 10 percent to 2,210.85 rupees in Mumbai, extending an 11-day rally that more than doubled the company's market value, according to data on the Bloomberg.

OPG Securities Pvt. bought 671,572 shares, or 1 percent of Akruti's equity capital, at 2,172.30 rupees apiece and sold a matching quantity at 2,175.26 rupees each, the Bombay Stock Exchange said on its Web site.

To contact the reporter on this story: Anoop Agrawal in Mumbai at aagrawal8@bloomberg.net .





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