BSE has tightened bolts, clamped down on trading activity: Deven Choksey

Avoiding markets is not a good idea. One should stay invested and selectively look at quality stocks and exit the weaker ones, he advises

A BSE circular introducing “a new surveillance framework viz. Add-on Price Band Framework” for securities listed exclusively on BSE Trading Platform dented the sentiment at the bourses, especially the mid-, and small-caps. The stocks shortlisted, the circular said, will be subjected to additional periodic price limits viz. weekly, monthly and quarterly price limits. DEVEN CHOKSEY, managing director at KR Choksey Investment Managers, tells Nikita Vashisht in an interview that stocks of weaker companies may see the correction continue, but the ones that are relatively bigger and stronger will see investor interest come back. Edited excerpts:

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