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NSE to bar 34 stocks from participating in F&O segment from June 28th 2019
This article was posted on Apr 23, 2019 and is filed under Market News
The list includes stocks such as Suzlon, Reliance Power, PC Jeweller, CG Power,Jet Airways, Ajanta Pharma, Allahabad Bank, BEML, Can Fin Homes, Ceat, Chennai Petroleum, DCB Bank, Godfrey Phillips, Godrej Industries, GSFC, IDFC, IFCI, India Cements, Indian Bank, Infibeam Avenues, IRB Infra, Jain Irrigation, Kaveri Seed, Karnataka Bank, MRPL, NHPC, OBC, Reliance Power, South Indian Bank, Syndicate Bank, Tata Communications, TV18 Broadcast, V-Guard and Wockhardt
The action is based on last year’s SEBI circular on review of framework for stocks in derivatives segment, which states that “after a period of one year from the date of the circular, only those stocks which meet the enhanced eligibility criteria shall remain in derivatives segment”.
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