The share allotment for TBO Tek IPO has been finalized, and investors can check their status on the registrar’s portal. The IPO received overwhelming response, with a subscription status of 86.70 times. Shares will be credited to demat accounts on May 14, and the listing is scheduled for May 15.
The National Stock Exchange (NSE) has announced that it will not impose transaction charges for Futures and Options (F&O) contracts on the Nifty Next 50 Index until October 31, 2024. This decision aims to encourage participation in these contracts and boost the index’s liquidity. The index, which comprises 50 companies, is set to launch on April 24, 2024.
Due to exceeding 95% of the market-wide position limit (MWPL), six stocks have been banned from trading under the futures and options (F&O) segment on the National Stock Exchange (NSE) on Tuesday, April 23, 2024. The stocks include SAIL and ZEEL, among others. The impacted stocks will still be available for trade in the cash market.
