April 08, 2013

Tanya Buying Bharat Nidhi , PNB


Buying BNL and PNB Finance at attractive rates. 

Honest & Serious Sellers Contact at 09871162597. Time wasters please excuse !! 

Sellers will have to quote their Selling price else will be ignored 

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Dealers of Rare Indian Shares

ANIL GOEL

09896444123

 MANISH

9958006642


NILESH KOTAK

09274038842

http://www.nileshkotak.com:9080/NileshKotak/BaseHandler?module=home&doaction=view 


DHARAWAT


08108303330 or dharawat1@gmail.com

SANDIP GINODIA

ABHISHEK SECURITIES, 


  sandip@abhisheksecurities.com  

9830271248
http://www.abhisheksecurities.com/unlisted.htm
 
www.sapphirewealth.com 

http://www.abhisheksecurities.blogspot.in/

73a, GANESH CH AVENUE, 2ND FLOOR, KOLKATA-700013
OPPOSITE HIND CINEMA, NEAR AXIS BANK

Vikas Aggarwal
09314111189
 

 3A CAPITAL SERVICES

Contact: 022-67809990
Toll Free: 1800 209 2929
Visit: www.3aindia.com


http://www.3aindia.com/
Niraj Kajariaselling_share.aspx
Kajaria Securities & Finance
9831077353,9830022485,9830012269,9433092689.
Phone: 033 32930043/0129.
Integrated Fincap Pvt. Limited
 HO
1111 , Indraprakash ,
21 ,Barakhamba Road ,
 New Delhi-110001

Toll Free : 1800-111-110 

Ph. :011-23351793 , 23357089
( m ) 098110 - 65464
  

  TANYA

9871162597

PARDEEP TANTIA

M-9873245550

Dilip Surana

Strides Financial Services
"Arihant Plaza"
84-85,Wall Tax Road, Ist floor
Park Town, Above SBI
CHENNAI 600003
Phone No 044-25350312, 25350313
Fax No  044-42371148
Mobile 9840278351      95000 95121


dilipmsurana@gmail.com
Website : www.investorinfo.in

Vipul Gandhi
Gandhi Associates
25 , New Jagnath , Saptabhumi Apt.,( G.F.)
Rajkot-360001
Tel 0281-3046757 /3057667
(m)  093755- 77007
email:   unquotedshares@rediffmail.com
Website  www.unquotedshares.co.in 
  pankil shah
veerajbroking@ymail.com
9898616232

Coolraj Sakhlecha

SAKHLECHA STOCK SERVICE
333 MINT ST.,
CHENNAI 600 001
CELL   09841557344
PH  -    04425388750.  email : coolrajs1970@yahoo.co.in 

( List Incomplete- To be Expanded )
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1 comment:

Vipul Gandhi said...

Will Sebi call auction rule curb rigging in illiquid shrs?

The new Sebi rule to have periodic call auction in illiquid stocks, instead of continuous trading, was the main reason for the sharp drop in cash market volumes on Monday, say brokers. The new rule came into effect from Monday, and according to a report in The Economic Times, around 2000 stocks were excluded from active trading since they did not fulfill the criteria for being liquid.

Sebi has defined an illiquid stock as one in which the average daily volume in a quarter is less than 10,000 shares, the average daily number of trades is less than 50, and the stock is classified as illiquid on the stock exchanges it is traded. All three conditions have to be met for the stock to be fall in the call auction category.

In normal market, buy and sell orders are placed on an ongoing basis during trading hours, and get executed if they match. In the call auction process, there will be auction sessions of one hour each throughout the trading hours with the first session starting at 9:30am. Of this one hour, 45 minutes shall be allowed for order entry, order modification and order cancellation, 8 minutes for order matching and trade confirmation and remaining 7 minutes shall be a buffer period. All unmatched orders remaining at the end of a call auction session will be cancelled.

Sebi's intent behind the move is curb price manipulation which more rampant in illiquid shares of small and midcap companies. The market is divided on the new rule. Some argue that this will trigger a reinforcing cycle as genuine investors will avoid illiquid stocks, worried of not getting a quick exit, and that will make the stocks even more illiquid. A better move would have been to identify stocks in which there are strong grounds to suspect manipulation, and then take stringent action against the offenders, they argue.

Also, as a report in the DNA points out, there are loopholes in the new rule. For instance, Westlife Development Ltd, owner of Hardcastle Restaurants, which operates the McDonald's restaurant chain, has escaped being classified as an illiquid stock, despite average daily trading volumes being less than 10 shares. That is because on March 22, over 6 lakh shares changed hands, boosting the daily average trading volume for the quarter.

April 09, 2013

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