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angel broking information

angel broking information

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Published by nirav_sanghavi_3
bse scripts informations
bse scripts informations

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Published by: nirav_sanghavi_3 on Mar 04, 2011
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03/04/2011

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Group A:It is the most tracked class of scripts consisting of about 200 scripts. Marketcapitalization is one key factor in deciding which scrip should be classified inGroup A.At present there are 216 companies in the A group.Group S:“The Exchange has introduced a new segment named “BSE Indonext” w.e.f. January 7, 2005. The “S” Group represents scripts forming part of the “BSE-Indonext” segment. “S” group csists of scripts from “B1” & “B2” group on BSE and companies exclusively listed on regional stock exchanges having capital of 3 crores to 30 crores. All trades in thissegment are done through BOLT system under S group.”Group Z:“The ‘Z’ group was introduced by the Exchange in July 1999 and includes the companieswhich have failed to comply with the listing requirements of the Exchange and/orhave failed to resolve investor complaints or have not made the required arrangements with both the Depositories, viz., Central Depository Services (I) Ltd. (CDSL) and National Securities Depository Ltd. (NSDL) for dematerialization of their securities.”Group B1 & B2:All companies not included in group ‘A’, ‘S’ or ‘Z’ are clubbed under this category. B1 isanked higher than B2.B1 and B2 groups will be merged as a single Group B effective from March 2008.Group T:“It consists of scripts which are traded on trade to trade basis.”Group TS:“The “TS” Group consists of scripts in the “BSE-Indonext” segments which are settled on atrade to trade basis as a surveillance measure.”Besides these equity groups there are two other groups i.e. Fixed Income Securities (Group F) and Government Securities (Group G).These groupings are done primarily on the basis of1:Compliance with SEBI parameters2:Tradingand settlement cyclesOf the lot"A" "B1,B2" "C" "Z" are from the equities
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A
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Group is a category where there is a facility for carry forward (Badla)to the next settlement cycle. These are companies with fairly good growth record in terms of dividend and capital appreciation. The scrips in this group are classified on the basis of equity capital, market capitalisation, number of years of listing on the exchange, public share holding, floating stock, trading volume etc.
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B
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Group is the next best/safest group after A group in terms of market capitalisation and liquidity.
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T
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Also termed as the trade to trade group. They are smaller companies which are less safe/stable so BSE monitors them more carefully. In this category shareshave to be settled in delivery for all buys and sells. Short selling, intra daytrading is not allowed. This is a part of the survelience from the BSE to counter any manipulation in such scrips by brokers.
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Z
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Group category comprises of shares of the companies which does not comply with the rules and regulations of the Stock Exchange and are at times suspended from trading due to the above said reasonsThe "S" Group represents scrips forming part of the "BSE-Indonext" segment.
 
The "TS" Group consists of scrips in the "BSE-Indonext" segment, which are settled on a trade-to- trade basis as a surveillance measure.BSE stock classificationsPosted on August 2nd, 2010ShareDo you know that he BSE classifies stocks under six headers?The Bombay Stock Exchange classifies stocks under six grades  A, B, T, S, TS andZ  that scores stocks on the basis of their size, liquidity and exchange compliance and, in some cases, also the speculative interest in them. You can look up any stock’s grade in the ‘Stock Reach’ page in the BSE Web site, under the head ‘Group’. Alternately, you can also follow the link below:http://www.bseindia.com/about/list_comp.asp‘A’ group: Highly liquidThese are the most liquid counters among the whole lot of stocks listed in the BSE.These are companies which are rated excellent in all aspects.Volumes are high and trades are settled under the normal rolling settlement (i.e. to say intraday buy-sell deals are netted out).These are best fit for a novice investor’s portfolio considering that informationabout them is extensively available. For instance, all the 30 stocks in Sensex are ‘A’ grade stocks.‘T’ group: Trade-to-tradeThe stocks that fall under the trade-to-trade settlement system of the exchangecome under this category.Each trade here is seen as a separate transaction and there’s no netting-out of trades as in the normal rolling system.The trader needs to pay to take delivery for his/her buys and deliver shares forhis/her sells, both on the second day following the trade day (T+2). For example, assume you bought 100 shares of‘T’ grade scrip and sold another 100 of it on thesame day. Then, for the shares you have bought, you would have to pay the exchange in two days. As for the other bunch that you sold, you should deliver the shares by T+2 days, for the exchange to deliver it to the one who bought it.Failure to produce delivery shares against the sale made would be considered asshort sales. The exchange will, in that case, on the T+3rd day, debit an amountthat is 20 per cent higher than the scrip’s closing price that day. This means unless the scrip’s price falls more than 20 per cent from the price of your sale transaction, you would have to pay a penalty for the short sale so made.Even so, there will be no credit made to you in the case of substantial fall inthe share price. The exchange will, instead, credit the gain to its investor fund.Stocks are regularly moved in and out of trade-to-trade settlement depending onthe speculative interest that governs them.‘S’ group: Small & MediumThese are shares that fall under the BSE’s Indonext segment.The BSE Indonext comprises small and medium companies that are listed in the regional stock exchanges (RSE).S’ grade companies are small and typically ones with turnover of Rs 5 Crore and tangible assets of Rs 3 Crore. Some also have low free-float capital with the promoter holding as high as 75 per cent.Besides their smaller size, the other risk that comes with investing in them islow liquidity. Owing to lower volumes, these stocks may also see frenzied pricemovements.‘TS’ group: A mix of ‘T’ and ‘S’ groupsStocks under this category are but the ‘S’ grade stocks that are settled on a tradto-trade basis owing to surveillance requirements.This essentially means that these counters may not come with an easy exit option, as liquidity will be low and intraday netting of buy-sell trades isn’t allowed either.‘Z’ group: Caution
 
‘Z’ grade stocks are companies that have not complied with the exchange’s listingirements or ones that have failed to redress investor complaints.This grade also includes stocks of companies that have dematerialisation arrangement with only one of the two depositories, CDSL and NSDL.These stocks may perhaps be the riskiest in terms of various grades accorded. For one, not much information would be available in the public domain on these companies, making it tough to track them. Second, the low media coverage that keepsthem relatively hidden from public scrutiny also makes them more vulnerable toinsider trading. Third, these companies already have a poor score in redressinginvestor complaints.‘B’ group: Left behindThis category comprises stocks that don’t fall in any of the other groups.These counters see normal volumes and are settled under the rolling system. In all respects these stocks resemble their counterparts in ‘A’ but for their size. Typically, stocks of mid- and small market capitalisation come under this grade.The SLB group:Securities Exchange Board of India, in 2007, has announced the introduction of Securities Lending & Borrowing Scheme (SLBS). Securities Lending & Borrowing provides a platform for borrowing of securities to enable settlement of securities sold short. There are 207 companies in the SLB list. Investors can sell a stock which he/she does not own at the time of trade. All classes of investors, viz., retail and institutional investors, are permitted to short sell.Other Classifications:The “FGroup represents the Fixed Income Securities.Trading in Government Securities by the retail investors is done under the “G” gro.That’s about stock classifications in BSE. When you invest, be aware of the category in which the stock fallshttp://www.bseindia.com/about/tradnset.aspTrading, Settlement and Risk ManagementTradingSLB, Short Selling & Institutional Margining• Timing• GroupsListed SecuritiesPermitted SecuritiesTick SizeComputation of Closing Price Of ScripsBasket Trading SystemSettlementCompulsory Rolling Segment (CRS)Pay-in and Pay-out for
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A
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B
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T
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S
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TS
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C
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, "F", "G" &
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Group Of Securities

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