‘Trade in illicit stocks cautiously’

‘Trade in illicit stocks cautiously’

To protect the interests of investors, the major stock markets BSE and NSE have asked their trading members to take extra precautions while trading in more than 300 illegal shares.

Illyc stocks are those that cannot be sold easily because they see limited trade. These stocks pose a higher risk to investors as it is often harder for them to find a buyer than those traded.

In a circular with similar wording issued on Wednesday, both exchanges advised their trading members to work extra hard while trading in these securities.

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