Price band (range) is lower limit and upper limit that the price of a share can go to in a particular trading session. To illustrate, a 10% price band (range) implies that the security can move +/- 10% of its previous day close price on any day. The downward revision is a daily process whereas upward revision, subject to satisfaction of criteria’s, is a bi-monthly process.
No price band is applicable to securities on which derivative products are available. However, set dynamic price band of 10% of the previous close price and shall be flexed based on pre-determined criteria.
Revision in price band of securities due to surveillance action
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Type
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Date
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Description
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1
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December 11, 2024
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Revision in price band of securities due to surveillance action
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Periodic review of movement of securities to/from Trade for Trade
The scrips in Trade for Trade segment are made available for trading under BE or BT series. The settlement of scrips available in this segment is done on a trade for trade basis and no netting off is allowed. These criteria for shifting scrips to/from Trade for Trade segment are decided jointly by all stock exchanges in consultation with SEBI and reviewed periodically.
With a view to rationalize the criteria of shifting of securities to/from Trade for Trade Segment and to bring it in line with the current market dynamics, SEBI and Stock Exchanges after deliberation and discussions have decided to revise the criteria and periodicity for trade for trade review
The process of identifying the securities moving to Trade to Trade is done on a fortnightly basis while securities moving to/from trade to trade are done on a quarterly basis.
Calendar for Trade for Trade review for the year 2023-2024
Sr. No.
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Type
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Date
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Description
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1
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June 23, 2023
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Periodic review of movement of securities to / from Trade for Trade
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2
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February 08, 2023
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Calendar for Trade for Trade review for the year 2023-2024
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