FTIL shares gain despite Sebi order to sell stock exchange stakes

Shares of Multi Commodity Exchange of India and Financial Technologies (India) Ltd today rose today despite the Sebi ruling that Financial Technologies group is not "fit and proper" to own stakes in any stock exchange. Despite the negative news, shares of MCX opened the day on a positive note and further went up by 3 per cent to Rs 518 during the morning trade at the BSE. Shares of FTIL also rose by 3 per cent to Rs 387.30. M...