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SMC Global Securities Fined by NSE for Trading Discrepancies

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SMC Global Securities Fined by NSE for Trading Discrepancies

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SMC Global Securities Ltd. (India) ( (IN:SMCGLOBAL) ) has issued an update.

SMC Global Securities Ltd. has been fined ₹21,30,878 by the National Stock Exchange (NSE) due to discrepancies in trading activities within the equity derivatives segment during April to July 2023. Despite the penalty, the company assures that its financial stability and client services remain unaffected, and it has enhanced its internal monitoring systems to ensure compliance and safeguard stakeholder interests.

More about SMC Global Securities Ltd. (India)

SMC Global Securities Ltd. is a prominent player in the financial services industry in India, offering a range of services including equity, derivatives, commodities trading, and investment advisory. The company focuses on providing comprehensive financial solutions to its clients, leveraging its expertise in the market.

Average Trading Volume: 13,523

Technical Sentiment Signal: Strong Buy

Current Market Cap: 14.05B INR

Learn more about SMCGLOBAL stock on TipRanks’ Stock Analysis page.

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