A bear hug on entering T2T segment

A number of stocks which were shifted today to trade-to-trade (T2T) segment on account of the surveillance action imposed on them, are frozen at the lower end of the circuit filter.

Reliance Media World, Thinksoft Global Services, Honda Siel Power Products, Delton Cables, Mediaone Global Entertainment, Frontline Corporation and Pasupati Fincap were frozen 5% down limit of circuit filter and having no buyer on these counters.

The Bombay Stock Exchange (BSE) has shifted 150 scrips in the trade-to-trade segment from today (February 19).  All the scrips under this segment attract a circuit filter of 5%.

T2T segment implies that all transactions in the scrip are delivery based and curtails excessive speculation. The exchange's trading system also displays a pop-up caution message at the time of order entry in these scrips.

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