Replace cautiously in round 480 illiquid shares: BSE, NSE to investors

Illiquid shares are other folks who can’t be supplied with out concern on yarn of they look restricted trading.

PTI|

Last Up thus far: Apr 09, 2020, 12.11 PM IST

These shares pose bigger dangers to investors on yarn of it’s miles sophisticated to acquire patrons for them as as in contrast to continually traded shares.

Original Delhi: To safeguard pursuits of investors, main stock exchanges BSE and NSE absorb instantaneous their members to secure extra warning whereas trading in nearly 480 illiquid shares.

Illiquid shares are other folks who can’t be supplied with out concern on yarn of they look restricted trading. These shares pose bigger dangers to investors on yarn of it’s miles sophisticated to acquire patrons for them as as in contrast to continually traded shares.

In equivalent-worded circulars, both the exchanges instantaneous their trading members “to tell extra due diligence whereas trading in these securities either on delight in yarn or on behalf of their purchasers”.

BSE and NSE absorb listed out 440 and 38 illiquid shares, respectively, the place extra due diligence is required.


Illiquid scrips listed by both the exchanges encompass Shyam Telecom, World Offshore Services and products, DCM Monetary Services and products, Creative Recognize and National Steel and Agro Industries.

In line with the trading tell from January to March, these scrips can be traded in periodic name auction mechanism from April 13, the exchanges eminent.

The criteria for keen securities in periodic name auction mechanism is decided in consultation with Securities and Replace Board of India (Sebi) and utilized uniformly all the very best doubtless method thru the stock exchanges and reviewed periodically.

In December 2014, the market regulator had relaxed norms for trading in illiquid shares. The crawl become aimed at keen varied illiquid scrips to usual trading session from the periodic name auction, the window the place these shares are currently traded.

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