Financial Daily from THE HINDU group of publications Thursday, Aug 12, 2004 |
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Markets
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Stocks BSE moves 51 scrips to trade-to-trade segment Our Bureau
Mumbai , Aug. 11 THE Bombay Stock Exchange has moved 51 scrips to the trade-to-trade segment, according to a circular from the stock exchange. This is being done from August 16 to ensure market safety and safeguard the interest of the investors. The scrips being moved in this group include Birla Global Finance, Videocon Appliances, ITI Ltd, BPL India, Varun Shipping, Mid Day Multimedia, among others. The settlement on these scrips would be done on trade-to-trade basis and no netting off positions will be allowed, said the exchange. Global Trust Bank will continue to be in the trade-to trade segment, clarified the circular. Eleven scrips that were earlier in the trade-to-trade segment are being moved back to their original segments. These include Amtek India, Oudh Sugar Mills, Net Vision Technologies, Media Matrix Worldwide etc.
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