Wires

MARKET EYE-India's Emkay rallies; resumes trading in NSE

* Shares in Emkay Global Financial Services Ltd

surges

9.9 percent after announcing the National Stock Exchange hadre-instated its trading facility across cash, derivative andcurrency segments.

* Gains come after Emkay's erroneous trades had jolted marketson Friday, sending shares in the financial firm down by nearly10 percent in each of the previous threesessions.

* "We have now subjected all our trading and risk managementsystems to a further rigorous examination and have taken varioussteps to avert any such manifest error in future," Emkay says ina statement.* "We are well capitalized and continue to conduct our businessfor both institutional and retail clients," it adds.

(manoj.dharra@thomsonreuters.com)