In addition, the NSE said that on these securities, "margins to be restored prior to ASM on all existing derivative contracts." Tata Teleservices (Maharashtra) Ltd (TTML) is also another stock that was excluded from the framework."Applicable rate of margin shall be 50 per cent or existing margin whichever is higher, subject to maximum rate of margin capped at 100 per cent, w.e.f. March 20, 2023 on all open positions as on March 17, 2023 and new positions created from March 20, 2023," the exchanges said on Thursday.
Putting in stocks under this framework means intra-day trading would require 100 per cent upfront margin, as per the market experts. During instances of high volatility in shares, the bourses move stocks to short-term or long-term ASM framework to safeguard the investors from short-selling. Meanwhile, stocks of six Adani group companies out of the 10 listed entities ended in the green territory on Thursday.