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)
Recent news on National Stock Exchange Of India
See all newsFactbox: As Reliance Jio eyes listing, what are India's biggest share offerings?
India's derivatives trading volumes may recover after settlement rule changes, analysts say
Factbox: As Reliance Jio eyes listing, what are India's biggest share offerings?
Mukesh Ambani's ill-timed Jio IPO has some logic
Exchanges, brokers rise on report regulator to partly reverse derivative settlement rules