NSE curbs fresh positions in Tata Tele derivative contract

Mon Sep 3, 2007 6:53pm IST
 
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MUMBAI, Sept 3 (Reuters) - The National Stock Exchange said on Monday fresh positions cannot be created in the derivatives contracts of Tata Teleservices Maharashtra Ltd (TTML.BO: Quote, Profile, Research) as the open interest has crossed 95 percent of the limit.

It said trading in the contracts can be done only to square off existing positions till the open interest falls below the 80 percent limit.

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