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Odd Lot Trades Closer To Market Price

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BSCAL
Last Updated : Aug 30 1996 | 12:00 AM IST

The deals in odd lot stocks, which were usually at a hefty discount earlier, are now being struck at closer to the market price.

On August 5, when odd lot trading went on-line, 11,553 shares were traded in this sector for a total value of Rs 27.42 lakh, in 142 scrips. On Tuesday, trading in odd lots shot up to Rs 55.99 lakh with 39,283 shares traded. Over the past week, the traded volumes in the odd lot segment has ranged between Rs 50 lakh to Rs 60 lakh, even in poor market conditions.

According to a section of brokers, interest in odd lots has been witnessed over the past two weeks in almost all key stocks of the

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First Published: Aug 30 1996 | 12:00 AM IST

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