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Our Bureau

Mumbai , Sept. 21

BSE on Wednesday said that it has shifted 850 scrips in the trade-to-trade (T) segment on account of the surveillance action imposed on them.

This is in addition to the scrips that are placed under `Z' group, which are also settled on trade-to-trade basis.

T segment implies that all transactions in the scrip are delivery based and curtails excessive speculation. The exchange's trading system also displays a pop-up caution message at the time of order entry in these scrips.

BSE, in a statement, said as a part of surveillance review, all scrips under T segment (including `Z' group) are attracting 100 per cent margin from August 8. Additionally all the scrips under this segment attract a reduced circuit filter of 5 per cent from September 21.

The exchange has suspended 1,369 scrips (since 2000-01) till date on account of non-compliance with various clauses of listing agreement.

It has also issued show-cause notice to 95 companies for non-compliance with the provisions of listing agreement.

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