Today SEBI came out with revised guidelines for Periodic Call Auction (PCAS) in equity market (Here).
Lets discuss some stocks which may make a comeback in normal segment from PCAS segment.
But before that Please refer (here) to understand the changes in PCAS Segment.
I believe more than 65% of stocks(415) which are there in PCAS segment in NSE will come out and 50 % of the BSE stocks(2337).
I believe that there will be a new price discovery in quality stock which will come out of PCAS.
Some Major stocks which can come out of PCAS segment, and which may have positive impact on its price are
The List is not exhaustive . Also Please note that may stocks which are out of PCAS can still be traded to trade to trade basis.
This is not a recommendation to
anybody whatsoever to buy OR sell this share, but it is my thought
process and views on this topic.
I welcome your critical comments and suggestions.
PS : I don't have any positions in any of the stock mentioned above, except for Pioneer Distilleries Ltd.
Auto stocks zoomed just as the FM announced extenssion of lower excise duty. Bajaj Auto was up 3 percent and Maruti gained 2 percent.
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