These symbols denote various types of series traded on the NSE (National Stock
Exchange).
EQ
|
Represents equity.
Intra-day transactions are permissible. Normal trading is done in this category.
|
BE
|
Shares falling in
the Trade for Trade or T segment are traded in
this series and no intra-day trade squaring is allowed- this means trades can
only be settled only by accepting or giving the delivery of shares.
|
BL
|
This series is for facilitating
block deals- An orders should have at least 5,00,000 (and more) shares. This
block window session is only available for 35 minutes- 09:15 -9:45 AM
|
BT
|
This series provides
an exit route to small investors having shares in the physical form with a cap
of maximum 500 shares.
|
GC
|
Government Securities and Treasury Bills are traded under this category
|
IL
|
Under this series-type
only FIIs (Foreign Institutional Investors) can trade among themselves.
Permissible only in
those securities where maximum permissible limit for FIIs is not breached.
|
IQ
|
To facilitate QFI (Qualified
Foreign Investors) to trade in companies without the prior approval of the depositories where the caution limit (QFI holding exceeding 8% ( presently) of the paid-up equity
capital) has been reached .
|
100 % delivery percentage in L&TFH since it was moved to T2 T segment |
Retail
investors generally come across only EQ and BE series. Normal share trading is done under EQ series
and intra-day squaring of the trade is possible- that means a trade can be
settled without accepting or giving its delivery.
Shares like
L&T finance holding Ltd., Nitesh estates, Emami infrastructure, BL kashyap trade under this category.
As under BE
category no intra-day trade is allowed 'delivery percentage' is 100 %.
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