NSE reduces tick size to 1 paisa for stocks below ₹250 in cash and stock futures segments.
The National Stock Exchange (NSE) has reduced the tick size for securities in its cash and stock futures segments, moving from a 5 paisa minimum to 1 paisa for stocks below ₹250. This follows a similar move by BSE last year where it reduced the tick size to 1 paisa for stocks below ₹100 in the cash segment. The NSE hopes the move will boost price discovery and market efficiency, attracting more retail investors and traders.
May 26, 2024
3 Articles