Some equity shares are marked (on NSE) as “BE” or “BL” etc
and on BSE they’re marked as “Group T”
What does this mean?
I was unable to place a squareoff order on an equity marked BE
Pl advise
What are the diff types of categorisation for equity?
BE/BL/CL etc?
EDIT - I was able to find out that these shares are restricted on a T2T basis only, meaning trade-to-trade, and so square-offs aren’t allowed.
Are there any other restrictions also?
Intraday trades are not allowed in the BE category stocks. Only delivery based trades are allowed in such stocks. To know more about these stock categories check this thread.