Nifty still below 8700, Sensex flat; Adani Ports, SBI, M&M gain. For more information visit www.marketmagnify.com/freetrial.php & give missed cal @ 78-79-88-11-22.
- Adani Ports, SBI, M&M, Coal India, ICICI Bank are top gainers while BHEL, GAIL, Infosys, ITC and TCS are losers in the Sensex.
- The market has opened in green but the Nifty is below 8700. The 50-share index is up 8.45 points at 8686.70 and the Sensex is up 42.38 points at 28127.54. About 243 shares have advanced, 87 shares declined, and 16 shares are unchanged.
- Adani Ports, SBI, M&M, Coal India, ICICI Bank are top gainers while BHEL, GAIL, Infosys, ITC and TCS are losers in the Sensex.
- Sebi miffed with new KYC system. The Securities and Exchange Board of India (Sebi) is miffed with the new central Know Your Customer (KYC) process implemented for the entire financial system. And, has written to the finance ministry to rethink the move, said three sources. According to Sebi, the new system is not in sync with the securities market KYC. And, has disrupted the common KYC process implemented through KYC Registration Agencies (KRAs).
According to the Rules of SEBI a KYC form is must important to fulfill and submit to company. After verification services will started by the advisory.
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