SEBI to form panel for removing anomalies in broker service
The Securities and Exchange Board of India (SEBI) will soon constitute a panel to sort out various discrepancies regarding the service tax levied on brokers. Senior SEBI executive director O P Gehrotra said that the panel will have representation from the broking community.
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Demise of kerb deals may send pivotals into a tizzy
The end of kerb trading is likely to cause wild price fluctuations in pivotals during the opening session at stock exchanges, begining Monday. This will happen because prices stabilised on the kerb, absorbing news and trends during the off-market hours.
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