BSE to exclude 52 stocks from trading in Securities Lending and Borrowing segment from Sept 28

MUMBAI: The Bombay Stock Exchange (BSE) has decided to exclude 52 stocks from trading in Securities Lending and Borrowing (SLB) segment with effect from September 28. These excluded stocks will comprise of Oil India, Essar Oil and MRPL.

The Securities Lending and Borrowing (SLB) mechanism permits the short sellers to borrow securities for making delivery.

The other stocks that won't be available for trading in the SLB segment consist of BEML, Bharat Electronics, Bosch, Fortis Healthcare, HCC, Jet Airways SpiceJet, TVS Motor Company, Tata Teleservices (Maharashtra) Ltd, Indian Bank and Max India.

Recently, National Stock Exchange (NSE) removed 51 stocks from its derivative segment.