INSUBCONTINENT EXCLUSIVE:
Leading bourse National Stock Exchange will increase additional exposure margin in 19 companies during June 29 to July 26.
Market
participants holding the position in given scripts have to maintain the sufficient margin in their account apart from existing Standard
It is a step to possibly stop short-term speculation in FO and convert retail to cash market so that volumes rise there
at Nirmal Bang Securities.
Balrampur Chini, Capital First, CESC, Dewan Housing Finance, GMR Infra, Granules India, IDFC Bank, The India
Cements, Infibeam Incorporation, IRB Infrastructure and Jain Irrigation are some of the counters where additional exposure margin will be
imposed.
Others such as The Karnataka Bank, Raymond, TV18 Broadcast, Reliance Capital, Tata Communications, BEML, Century Textiles and
Wockhardt are also placed in the list.
The Securities and Exchange Board of India (Sebi) recently put in place additional risk management
measures for the derivatives segment
These measures pertain to margin collection requirement and computation of liquid net worth for the equity derivatives segment.
According to
Chandan Taparia, Derivatives and Technical Analyst at Motilal Oswal Financial Services, the additional margin may put pressure on many
