Starting August 1, over 1,000 stocks will no longer be accepted as collateral for margin funding by the National Stock Exchange. The exchange will only accept securities as collateral if they have been traded on at least 99% of the days over the last 6 months and have an impact cost of up to 0.1% for an order value of Rs 1 lakh. Notable companies such as Adani Power, YES Bank, Suzlon, Bharat Dynamics, and Paytm are among the 1,010 securities that have been removed from the list of eligible collateral. Watch!
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10 сен 2024