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
------------------------------------------------------------------------------------------------------------------------------------------------------------------
Dealers of Rare Indian Shares
ANIL GOEL
09896444123
MANISH
9958006642
NILESH KOTAK
09274038842
http://www.nileshkotak.com:908 0/NileshKotak/BaseHandler?modu le=home&doaction=view
DHARAWAT
08108303330 or dharawat1@gmail.com
SANDIP GINODIA
ABHISHEK SECURITIES,
sandip@abhisheksecurities.co m
9830271248
http://www.abhisheksecurities. com/unlisted.htm
www.sapphirewealth.com
http://www.abhisheksecurities. blogspot.in/
3A CAPITAL SERVICES
Contact: 022-67809990
Toll Free: 1800 209 2929
Visit: www.3aindia.com
http://www.3aindia.com/
ANIL GOEL
09896444123
9958006642
NILESH KOTAK
09274038842
http://www.nileshkotak.com:908
DHARAWAT
08108303330 or dharawat1@gmail.com
SANDIP GINODIA
ABHISHEK SECURITIES,
sandip@abhisheksecurities.co
9830271248
http://www.abhisheksecurities.
www.sapphirewealth.com
http://www.abhisheksecurities.
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
SAKHLECHA STOCK SERVICE
333 MINT ST.,
CHENNAI 600 001
CELL 09841557344
PH - 04425388750. email : coolrajs1970@yahoo.co.in
( List Incomplete- To be Expanded )
Kajaria Securities & Finance
9831077353,9830022485,98300122 69,9433092689.
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
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
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.co m
Website www.unquotedshares.co.in
25 , New Jagnath , Saptabhumi Apt.,( G.F.)
Rajkot-360001
Tel 0281-3046757 /3057667
(m) 093755- 77007
email: unquotedshares@rediffmail.co
Website www.unquotedshares.co.in
pankil shah
veerajbroking@ymail.com
9898616232
Coolraj Sakhlecha
veerajbroking@ymail.com
9898616232
Coolraj Sakhlecha
SAKHLECHA STOCK SERVICE
333 MINT ST.,
CHENNAI 600 001
CELL 09841557344
PH - 04425388750. email : coolrajs1970@yahoo.co.in
Will Sebi call auction rule curb rigging in illiquid shrs?
ReplyDeleteThe 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.