India Market News.List of companies going Demat effective Feb.15
This just in from my brother-in-law in Madras.He says:->
"...For your information the following companies come under 100%compulsory demat trading after 15th of February...." which means no more physical delivery of these stocks as all the mentioned stock will only trade in demat form or what they call scripless trading,and there for prone to less fraud,dealays etc etc..
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State Bank of India, Housing Development Finance Corporation, Larson & Toubro, Bharat Petroleum Corporation Limited, Infosys, IDBI, BSES, Bank of India, Indusind Bank, Wipro, Videsh Sanchar Nigam Limited, ACC, Mahindra and Mahindra, Madras Refineries, Tata Tea, Asian Paints, Castrol, Hindustan Petroleum Corporation Limited, Cochin Refineries, Ranbaxy, ABB, Gujarat Ambuja Cement, Hero Honda, Dr. Reddy's Lab, Bajaj Auto, Birla Global Finance Limited, TVS Suzuki, Thermax, NIIT, Gas Authority of India Limited |