NSE has vide its circular dated 26th June,2006 moved 77 stocks from rolling segment to Trade for Trade segment. This has been done as a part of regular market surveillance and to with a view to curb speculative activities in stocks.
The effect of this movement is that such stocks would have restrictions on trading and would be settled on trade to trade basis. This means Investor will be required to take delivery of shares. Investors would not be allowed to net off trades in such stocks. These stocks will have 5% circuit limits.
Few notable stocks in the list of stocks are FourSoft, Williamson Tea. Madras Fertilisers, Mysore cement, Mid-day Multimedia, Piramyd retail, Provogue, Shringar Cinema, SSI Ltd and Usha Martin.
List of Stocks moved to T2T Segment
7 comments:
Most of these stocks have gone down today. why is it so? Is it a opportunity to enter these stocks
hi rajesh
please give your views on wipro. can i enter at current level of Rs.485
thanks
manoj
Rajesh, ur take on Infosys???
A moneycontrol boarder suggests that investment of 1 lac now will generate 1 crore by 2015. Your views please?
Hi anonymous,
The prices would have gone down since speculative trading has been banned on these stocks. I would not advice you to enter in such stocks
I would suggest an entry into infosys instead of wipro.
Hi Swati,
The person who has recommended should have give some reasoning behind his statement. I do not visit the board frequently, so I am not aware. However,as per my views his statement does not carry any wieght. Dont get carried away by such timepassers. Coverting 1 lac into 1 crore implies that the stock would multiply 100 times in next 9 years which is not realistic.
However, there is no doubt that Infosys is the best bet in tech stocks and should be in one's portfolio.
Hello Rajesh,
I have Usha Martin in my portfolio.
I was surprised to see that it has also been moved to T and T segment.
So, what is your take on this stock?
Is this a good company to hold for a long time?
Please do suggest.
Regards,
Narendra
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