Saturday, October 01, 2005

Sensex snaps rally

In a highly volatile trading the benchmark Bombay Stock Exchange 30-share sensitive index (Sensex) ended lower by 15.69 points after a fall of over 100 points.

The Sensex on Friday opened at 8672.66, touched to a high of 8683.57, declined to a low of 8527.38 and finally closed at 8634.48, losing 15.69 points from its previous close of 8650.17.

Meanwhilethe Securities and Exchange Board of India has barred the promoters of Konkan Tyres Ltd (KTL) and promoters of Prime Property Development Corporation Ltd from the capital market. The BSE brokers, Bhupendra M. Bheda, Unique Stock Brokers Ltd and DSE Securities Ltd were directed not to buy, sell or deal in securities of KTL on behalf of its promoters and directors, directly or indirectly, till further directions, the SEBI said.

The stock brokers Indiabulls Securities (formerly Orbis Securities), Mansukhlal M. Upadhyay, Harikishan Hiralal, Ajmera Associates and Ventura Securities Ltd were also directed not to buy, sell or deal in securities of Prime Property Developments Corporation Ltd. on behalf of its promoters, directors and clients directly or indirectly, till further directions, it added.

0 Comments:

Post a Comment

<< Home