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Motilal Oswal bars intraday shorts in non-F&O stocks
March 03, 2025
|Mint Mumbai
Leading financial services firm Motilal Oswal Financial Services will bar its clients from taking intraday short-selling positions on stocks that are not part of the futures and options (F&O) segment from Monday.
Motilal Oswal Financial Services, with 10.3 lakh clients at the end of January, is the first large brokerage to undertake such a move at a time when the markets have been battered for five straight months.
Short-selling involves selling shares one doesn't own at the time of the transaction.
The development comes even as the Sebi-constituted Industry Standards Forum, comprising exchanges, brokers and other stakeholders, is seeking greater clarity on a regulatory circular on short-selling issued last year, a broker said on the condition of anonymity.
هذه القصة من طبعة March 03, 2025 من Mint Mumbai.
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