Changes in Script wise position w.e.f 23rd.March as per Exchange circular

Changes in Script wise position w.e.f 23rd.March as per Exchange circular

Dear all,

As per recent circular by exchange from 23rd March -2020  onwards We, Beeline broking

  1. Will allow only sq off position ,no (Intraday / BTST )allowed in following scripts.

ADANIENT

BANDHANBNK

CANBK

CENTURYTEX

EQUITAS

ESCORTS

GMRINFRA

IBULHSGFIN

IDEA

IDFCFIRSTB

INDUSINDBK

INFRATEL

JINDALSTEL

JUBLFOOD

JUSTDIAL

MANAPPURAM

MINDTREE

NCC

NMDC

OIL

ONGC

PNB

PVR

RBLBANK

SAIL

TATAMOTORS

YESBANK

ZEEL

 

2. List of Securities which shall move into Ban Period from Monday March 23, 2020 due to revision in limits shall be as follows.

  1. ADANIENT (Adani Enterprise)
  2. IBULHSGFIN (Ibull housing finance)
  3. IDEA (Vodafone idea)
  4. JINDALSTEEL (Jindalsteel)
  5. JUSTDIAL (Just dial)
  6. NCC (NCC Limited)
  7. PNB (Punjab national bank)
  8. PVR (PVR Limited)
  9. YESBANK (Yesbank limited)

Securities which are in BAN can’t be done intraday trading. Only Sq.off transaction is allowed… otherwise it will be liable for penalty per instance. In the event of violation, the following penalty would be charged to the clearing members for every day of violation:

  1. 1% of the value of the quantity in violation (i.e., excess quantity over the allowed quantity, valued at the closing price of the security in the normal market of the Capital Market segment of the Exchange) per client or
  2. Rs.5,00,000 per client, whichever is lower, subject to a minimum penalty of Rs.50,000/- per violation / per client.

 

Circular Source link:

Reference detail: 

Source Link: https://www1.nseindia.com/circulars/circular.htm

Subject: Regulatory measures taken by SEBI in view of ongoing market volatility (zip)

Date: March 20, 2020

Category: March 20, 2020

Circular no.: NCL/CMPT/43967

 

 

Thanks & regards,

Beeline RMS Team
For any support or queries kindly contact us on
📞 9033006963
📧risk@beelinebroking.com
or aprms@beelinebroking.com