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Sebi to allow short-selling by institutions
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March 22, 2007 19:12 IST
Sebi chairman M Damodaran said in Mumbai that the board, which met on Thursday has approved a proposal to allow short-selling by institutions.

The board also approved a proposal for mandatory grading of IPOs, which will be reviewed periodically.

On delisting via the book-building process, Damodaran said a final decision on the issue would be taken at the next board meeting scheduled in May.

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