Monday 8 June 2015

Emkay Global gains after settling case with SEBI

The stock is now up almost 2 percent on the BSE.

Emkay Global Financial Services is currently trading at the highest level of the day - with a gain of almost 2 percent at Rs. 62 on the BSE, after settling case with SEBI.

On Friday, media reported that the leading brokerage Emkay Global settled a Securities and Exchange Board of India (SEBI) investigate into alleged violations of broker regulations by paying about Rs. 11 lakh towards settlement charges.

So far, the counter has seen trades of around 600 shares as against the two-week daily average volume of 5,033 shares.

Meanwhile, the BSE Sensex is quoted at 26,655 - down 113 points.

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