In its response to the High Court in the MCX-SX case, SEBI has very clearly pointed out that the executive powers of recognising and authorising stock exchange rests with SEBI. Hence, their stance is that MCX cannot seek such an authorisation from the High Court, reports CNBC-TV18's Ashwin Mohan, quoting sources.
first published: Jul 8, 2011 03:24 pm
A collection of the most-viewed Moneycontrol videos.
Live: Nifty breaks below 26,200 on expiry day, broader markets underperform | Closing Bell
Live: Will Nifty's weakness continue for the second straight day? | Opening Bell
A money superpower you have in your 20s, not in 40s
Live: Nifty snaps 3-day gaining streak, slips below 26,300 on Venezuela tensions | Closing Bell
