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Individual scrip wise price bands on non-F&O eligible scrip's in Index Derivatives

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Full Text of the Document

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.... exchanges had been advised to implement appropriate individual scrip wise price bands in either direction, for all scrips in the compulsory rolling settlement except for the scrips on which derivatives products are available or scrips included in indices on which derivatives products are available. 2. Subsequent to the recommendation of SMAC, as a measure to protect against excessive price movem....