Financial Technologies rallies 40% on NSEL payment plan

New Delhi, Aug 5: Financial Technologies gained over 40 per cent on Monday after its subsidiary National Spot Exchange (NSEL) proposed a staggered payment schedule to resolve the crisis. At 12:05 pm, Financial Technologies was
financial technologies rallies 40 on nsel payment...
India TV Business Desk 05 Aug 2013, 12:11 PM IST
New Delhi, Aug 5: Financial Technologies gained over 40 per cent on Monday after its subsidiary National Spot Exchange (NSEL) proposed a staggered payment schedule to resolve the crisis.



At 12:05 pm, Financial Technologies was trading 34 per cent higher at Rs 198.0050. Earlier on Sunday, NSEL proposed the new scheduled to resolve the crisis that has gripped the exchange.

Shares of Financial Technologies have plunged over 70 per cent in the month of August, as of data collected on August 2.
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