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Querist : Anonymous

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Querist : Anonymous (Querist)
03 December 2013 Sir,

Why intra day trade is prohibited on some stocks?

Please require urgent answer

03 December 2013 Primarily there are five groups in which the listed stocks are divided and they are A, B, T, Z, and F. The ‘A’ group comprises stocks that have fairly good growth rate. These companies offer dividend to the investors and have good capital appreciation over the time. The stocks that are listed with ‘A’ category have the facility to carry forward to the next settlement cycle. This is an advantage from the margin and derivative trading point of view. The category ‘B’ is basically a subset of all the listed stocks and the stocks listed in this category have greater market capitalization that the rest of the stocks. The trading of the stocks that are listed in the ‘T’ category needs to be settled on the very trading day and the deals can not be carried forward. This is done by BSE to restrict any unwanted movement in these scripts. The stocks in the ‘Z’ group are marked for not complying with the rules and regulations of the stock exchange and these stocks are often suspended from trading. The ‘F’ group is reserved for the stocks listed at the debt market.

03 December 2013 i was also a trader with indiabulls demant a/c.

when i place order on phone they said these is Z category shares it does not trade by our.


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