NIFTY  9,509.75  1.59%
  SENSEX  30,750.00  1.48%
 CURRENCY  Rs  64.73/$ 72.75/€, 84.05/£
  GOLD  28,740.00  0.09%
  SILVER  39,941.00  0.27%
  DAX  12,642.90  -0.13%
  FTSE  7,514.90  0.40%
  CAC  5,341.34  -0.11%
  HANG SENG  25,630.80  0.80%
  NIKKEI  19,813.10  0.36%
  Shanghai Composite  3,107.83  0.71%
  DOW JONES  21,012.40  0.36%
  NASDAQ  6,163.02  0.40%
  S&P 500  2,404.39  0.25%
CCI : Approves Tata Cos Acquisition Of 21.63% Of Stake In Tata Tele From NTT Docomo

How Was NSEL Allowed To Run Spot Contracts?

Video:

Play this video

August 6: The NSEL crackdown gets tougher, with reports indicating the government is looking to close all contracts on the spot exchange. G. Chandrasekhar, Commodities Editor at The Hindu Business Line, says that initially the spot exchange’s ready delivery contracts were outside the purview of the Forward Contract Regulation Act. “The system only began to be corrupted when financial investors entered the market,” he adds.