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Dear Members
Amid global uncertainty the Indian stocks have corrected after hitting 2-1/2 year highs recently and closed at 17,998 points last week.
FIIs have pumped in a net Rs. 59,142 crs. in calendar 2010 so far. This includes inflow of Rs. 20,098 crs. in primary markets and Rs. 39,043 crs. into the secondary equity market.
Key circulars released across BFSI segment last week are:
1.
SEBI : (a) Clarification on Introduction of call auction in pre-open session (b) Introduction of smart order routing (c) Securities trading using wireless technology
2.
IRDA : (b) Disclosures of Agency information in Policy document (b) Circular on medical insurance policies and cashless facilities across General & Life Insurance space
Please access “Circular Corner” in the home page of the RAIN website for all circulars released.
With best regards

V. Ganesh
Chairman – RAIN
www.rainnet.org
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