Description
BSE announces demat auction for settlement number 788 covering 118 scrips with specified quantities for auction trading.
Summary
BSE has announced demat auction for Settlement No. 788 dated January 1, 2026. The circular lists 118 scrips with their respective quantities that will be subject to auction trading. The quantities range from as low as 1 share to as high as 65,575 shares across various companies from different sectors.
Key Points
- Settlement number: 788
- Date: January 1, 2026
- Total scrips covered: 118 companies
- Highest quantity: Rajnish Well (65,575 shares)
- Multiple blue-chip stocks included: Reliance Industries (71 shares), TCS (118 shares), NTPC (25 shares), Bajaj Auto (1 share), Coal India (14 shares)
- Sectors covered include banking, power, auto, IT, metals, pharmaceuticals, and consumer goods
Regulatory Changes
No regulatory changes announced. This is a routine settlement auction notice.
Compliance Requirements
- Trading members with outstanding delivery obligations for the listed scrips must participate in the auction
- Members must ensure sufficient funds/securities for auction settlement
- Auction procedures as per BSE guidelines must be followed
Important Dates
- Settlement Date: January 1, 2026
- Settlement Number: 788
Impact Assessment
Market Impact: Medium - affects 118 scrips across multiple sectors. The auction mechanism ensures settlement of delivery obligations, maintaining market integrity.
Trading Member Impact: Medium - members with outstanding obligations in these scrips must participate in the auction process, which may involve additional costs if they need to purchase securities at auction prices.
Investor Impact: Low to Medium - prices in auction can be higher than market prices, potentially affecting members who failed to deliver securities. However, this is a routine settlement mechanism and does not affect regular trading.
Notable Inclusions: Several large-cap and mid-cap stocks are included with relatively small quantities, suggesting isolated delivery failures rather than systemic issues.
Impact Justification
Routine demat auction announcement affecting 118 scrips with varying quantities. Important for settlement obligations but standard market operation procedure.