Announcements

Trading has been temporarily halted on the markets as Nifty/Sensex has hit it’s lower circuit breaker. Markets will reopen with a 15 min pre-open session.

Expected high market volatility today, may affect your open positions. To avoid square off due to margin shortage at 80%(on MTM) please keep sufficient funds in your a/c.

No margins will be available for all products (MIS/OCO/CO) across all segments, today.

The future of your holdings
As per the Ministry of Finance notification dated 13th March, 2020 regarding YES Bank holdings, 75% of all holdings that are bought before or on 13th March, 2020 will be locked-in for a period of 3 yrs if the holding exceeds 99 shares.

What this means for you as a investor
If you owned 100 shares or more until 13th March 2020, You will be able to sell up to 25% of your shares (i.e. 25 shares in this case). The remaining 75% of your shares will be locked in for 3 years. You can then choose to sell these shares post this lock-in period.
In case you hold less than 100 shares, i.e. 99 shares or less, you are eligible to sell all your shares as they are not subjected to be locked-in for the next three years.

Viewing your holdings on the Upstox platform
Currently, on the Upstox Pro app, under Holdings, you can see 25% of the holdings as you are allowed to only sell these. This is in compliance to the Ministry of Finance notification dated 13th March, 2020. To view the remaining 75% or all your holdings of YESBANK, you can visit https://keystone.upstox.com//holdings.

All Intraday (MIS/ CO/ OCO) open positions in Equity and F&O will be squared off at 3 PM, today. Kindly plan your trades accordingly.