BUSINESS

BSE introduces 2 new groups for listed cos

Source:PTI
November 12, 2014 19:00 IST

BSE has classified equity scrips into categories such as Group A, Group B, Group T, among others, to provide a guidance to the investors. Group A is the most tracked segment consisting of about 200 scrips, while Group B consists of more than 3,000 stocks.

Bombay Stock Exchange has introduced two new segments, 'D' and 'DT', for listed companies to provide guidance to the investors.

"The companies which would apply for listing on the exchange through direct listing norms would be placed in the Group 'D' for trading in normal segment and in Group 'DT' for trade to trade segment," the BSE said in a circular.

In trade to trade segment, only delivery-based transactions are allowed and traders can't take intra-day positions.

BSE has classified equity scrips into categories such as Group A, Group B, Group T, among others, to provide a guidance to the investors. Group A is the most tracked segment consisting of about 200 scrips, while Group B consists of more than 3,000 stocks.

The classification is based on several factors like market capitalisation, trading volumes and numbers, track records, profits, dividends, shareholding patterns, and some qualitative aspects.

"All rules, regulations, norms/ guidelines pertaining to trading, risk management, clearing, settlement etc applicable presently and from time to time for scrips in the existing Groups would also be applicable to scrips in Group D and DT," BSE noted.

Source: PTI
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