BSE likely to get license for commodity exchange by December: Reports
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NEW DELHI: BSE is likely to receive a license for commodity exchange by December, according to an exclusive report by ET Now.
The bourse has already applied with the market regulator Securities and Exchange Board of India (Sebi) for launching commodity exchange.
Shares of BSE Ltd were trading 0.81 per cent down at Rs 1,006.70 around 10.50 am (IST). The scrip opened at Rs 1,006 and touched a high and low of Rs 1,013 and Rs 1,000, respectively, in trade so far. Benchmark NSE Nifty was down 101 points, or 1 per cent, at 10,020.
Shares of India’s largest listed commodity bourse Multi Commodity Exchange of India (MCX) were trading 0.80 per cent down at Rs 1078.10
BSE has already set up required infrastructure for a commodity exchange.
According to the report, Sebi likely to soon allow exchanges to operate in other segment also.
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