SEBI has allowed companies to increase their exposure to the currency derivatives market by raising position limits for clients and non-bank trading members.
Tata Comm said it had received Rs 4.24 billion from selling some of its stake in Tata Teleservices.
Hong Kong share prices opened 1.08 per cent lower on Wednesday,with the benchmark Hang Seng Index down 149.54 points.
Japanese share prices opened higher on Wednesday with the benchmark Nikkei-225 index rising 11.39 points.
Shares of Singer India,a sick company manufacturing sewing machines,continued their mysterious upward rally and surged as much as 20 per cent to hit its life-time high of Rs 29.04.
Akruti City plummeted 18.69 per cent to Rs 1,811 on BSE in early trade.
The BSE Bankex surged 131.22 points,or 3.19 per cent,to 4,136.98 points,providing a major support to the benchmark BSE Sensex.









