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544937 — National Stock Exchange Of India News Story

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India's BSE drops; report says regulator may form panel to examine self-listing of exchanges

BUZZ-India's BSE drops; report says regulator may form panel to examine self-listing of exchanges

** BSE BSEL.NS shares fall 3.3% to 3,086.60 rupees

** India's markets regulator may form panel to examine self-listing rules for stock exchanges, CNBC-TV18 reports citing sources

** Securities and Exchange Board of India (SEBI) may first address issues around conflict of interest and governance structure of exchanges before considering self-listing framework, report says

** National Stock Exchange of India NSEI.BO chairman said last week that SEBI should reconsider allowing exchanges to list on their own platforms

** NSE, India's largest bourse, made market debut last week on rival BSE at $47 billion valuation

** SEBI, BSE and NSE did not immediately respond to Reuters request for comment

** NSE shares fell 1.5% — below IPO price the first time amid weak markets

** BSE has gained 17.7%, YTD


($1 = 95.98 Indian rupees)


(Reporting by Vivek Kumar M)

((VivekKumar.M@thomsonreuters.com;))

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