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UNITED NEWS OF INDIA
NEW DELHI, Nov 27: The Delhi Stock Exchange will remain open on Saturday, which would be considered as the first trading day of the next settlement week. Trading would be held as usual from 9.45 am to 3.45 pm. Covering of bad delivery not rectified cases which was scheduled for Friday shall be held on Saturday between 4.15 pm 4.45 pm, DSE sources told UNI. The security and funds pay-in and pay-out pertaining to this covering will remain unchanged on Monday.
The DSE advised those members who have not opened clearing member account with any depository participation to square up all their bought positions on Friday, not to trade from Saturday onwards. Exemption from this can be granted to those members who have complied with all the requirements of opening the clearing member account and deposited the necessary documents with a depository participant.
Besides, badla session will be held on Friday between 5 PM and 7 PM, the sources said. As normal trading and badla sessions are being held on the same day,non-badla members should exercise caution. In case any trade takes place even by mistake by non-badla members, they would be required to honour the trade and such trades would attract margins as applicable to badla members, the sources added.
Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.
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