Shares of e-learning services provider Edserv Softsystems had a strong debut on the stock exchanges on Monday.
The company’s scrip got listed on Monday at Rs 55, down 8.33 per cent from its issue price of Rs 60 on the Bombay Stock Exchange, but later settled the day with whopping premium at Rs 137.55, up Rs 78 or 129 per cent.
During trading session, the scrip touched an intraday high of Rs 147 and intraday low of Rs 55 on BSE. The total traded quantity was 3,41,04,135 shares.
New York - The Dow Jones Industrial Average fell below 7,000 points for the first time since 1997 in early trading on Wall Street Monday, following stock sell-offs across the globe after American International Group Inc (AIG) reported a 62-billion-dollar quarterly loss.
The United States' deepening recession and financial crisis mean the blue-chip Dow has now lost more than half its value since reaching a record high of 14,000 points in October 2007. US stocks had already plunged last week to their lowest level since 1997.
Amsterdam - The main index of the Amsterdam stock exchange AEX on Monday dropped to 211.86 points as of mid-afternoon, down 3.6 per cent from Friday's close of 219.81 points and well below the psychological "red line" level of 218 points.
The value of Dutch insurer Aegon shares had dropped the most, plunging 11.43 per cent) and stood at 2.55 euros (3.22 dollars).
MCX-SX, the currency futures market run by the Multi Commodity Exchange of India Ltd (MCX), has seen a steady growth in average volumes traded daily from Rs 6 crores during its inception in October to around Rs 1,475 crores today. Though the market leader currently sees most of its volumes coming from Mumbai, CEO U Venkataraman believes that the next wave of growth will come from smaller towns which have an export focus. DNA Money's Pranav Nambiar caught up with Venkataraman for a chat on the currency futures trading the country as well as MCX-SX's future roadmap.
What is the state of the currency futures market in the country?