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The derivative lot size for 42 stocks will be decreased, effective from April 26 for expiries in May 2024 and beyond. Key stocks impacted include Adani Ports, Bharti Airtel, BHEL, SBI, and L&T.
The exchange conducts half yearly review of the lot size of current active securities on its SME platform
One always needs to be cautious and be prepared for 5-10 per cent pull-backs and if you are an investor in SME/small microcaps, please be prepared for 30-40 per cent drawdowns, says NAV Capital's Vineet Arora.
The stock of Fonebox Retail was listed at a premium of 186% at Rs 200 on the NSE on Friday against the issue price of Rs 70. The uptick in stock continued as it hit the day's high of Rs 210. At 12:15 pm, it was trading at Rs 207, up by Rs 7 or 3.50% over the listing price.
Fonebox Retail IPO allotment: The initiation of the refund process will commence on February 1 for individuals not given shares. Check details here