Investors asked to trade cautiously in over 2,000 stocks
As part of their surveillance mechanism and to safeguard the interest of investors, leading bourses BSE and NSE have suggested extra due diligence in trading of illiquid stocks.
As per directions from market regulator Sebi (Securities and Exchange Board of India), the BSE has listed out 2,135 such stocks, while NSE has also named 300 illiquid stocks where additional due diligence is required.Illiquid stocks are those where trading activities are limited and are said to pose higher risks to the investors as compared to the frequently traded shares.
There are about 5,000 listed companies on the BSE, while NSE has more than 1,600 companies listed on its platform, and there are many common stocks between the two bourses.
As per Sebi directions, the two exchanges are required to draw up a list of illiquid securities, based on a criteria jointly agreed with Sebi, and make it available to the trading members on a quarterly basis.
continue reading more at Business-Standard
Tags: hot tips, intraday calls, nse bse
Similar Posts:
Latest Query
- by Sam
Market Stats
Search Our Archives
Research Desk
- Stocks Trading above their 50 day moving average - DMA In Stock Research
- Download free Ebooks based on Technical Analysis In Personal Training
- TOP 100 Stocks with the Highest P/E as on July 14th, 2013 In Stock Research
- TOP 100 Stocks with the Lowest P/E as on July 14th, 2013 In Stock Research
- Charting Pathsala - Your guide to Techincals In Technical Analysis
