With a week to go before the ban on the carry forward system comes into effect (from July 2), nearly 50 per cent of the outstanding positions as of May 15 have been liquidated. Between May 15 and June 22, the Bombay Stock Exchange sensex declined by 195 points or 5.46 per cent.
Under the automated lending and borrowing mechanism (ALBM) at the National Stock Exchange, net outstanding positions between May 16 and June 20 are down 44 per cent, from Rs 615.38 crore to Rs 344.63 crore.
In the borrowing and lending security system (BLESS) of the BSE, net outstandings between May 12 and June 22 declined by 47.6 per cent, from Rs 802.49 crore to Rs 398.85 crore.
