Introduction of Call Auction in Pre-open Session and Change in Exchange timings

SEBI has permitted introduction of Call Auction in Pre-Open Session. NSE and BSE have decided to introduce call auction in pre open session with effect from October 18, 2010. Call Auction in Pre-Open Session: In a Call Auction market, orders are gathered for execution for a predetermined time span and executed at “Open Price”, which

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Market Calls

1. FEDERAL BANK: Met new CMD; Focus on improving systems and process; Growth to remain moderate in near term; Buy We met the new MD & CEO of Federal Bank (FB IN, Mkt Cap US$1.6b, CMP Rs435, Buy), Mr Srinivasan who has a tenure of five years, to understand strategy of the bank under his

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