BSE Groups

As promised yesterday, here is a separate blog post to explain the various trading groups on BSE.The scrips are divided into various criteria based on various defining parameters.

• Scrips: Scrip is a substitute for currency and is often a form of credit.
• Group A: The "A list" or the most tracked scrips. The A list companies usually have their issue price higher than average market capitalization of 100th company in existing A group.
• Group B: The "A", "Z" and "S" companies are clubbed in this category.
• Group F: Fixed Income Securities.
• Fixed Income Securities: An investment that provides a return in the form of fixed periodic payments and eventual return of principal at maturity.
• Group G: Trading in government securities is possible in this group and is carried out by retail investors.
• Group S: Represents scrips forming part of the BSE-Indonext segment.
• Group T: Represents scrips that are based on trade-to-trade basis as surveillance measures. It means the stocks need to be settled on the same day it was traded.
• Group TS: This group consists of scrips in the "BSE-Indonext" segment. They are also settled on a trade-to-trade basis as a surveillance measure.
• BSE-Indonext: This alliance was formed to benefit small and medium size companies, investors and capital market as a whole.  BSE acts as the central participating exchange and the Regional Stock Exchanges (RSE)s participating in the program are the secondary exchanges.
• Group Z: These groups of companies have failed to comply with its listing requirements or have failed to resolve investor complaints.

The top gainers and losers for the day for categories "A', "B", "S", "T", "TS" and "Z" are listed on the BSE website.

Priyanka S Vaidya