NSE to Levy Additional 15% Margin on 18 Stocks in March Series

• National Stock Exchange (NSE) announced an additional 15% margin requirement on select stocks.
• The new framework targets stocks where top 10 clients account for over 20% of Market-Wide Position Limits (MWPL).
• This move aims to curb concentration risk in derivatives positions.
• 18 stocks, including Vodafone Idea, NBCC, and RBL Bank, will attract the additional margin for the March series.
• The additional margin also applies to stocks already under the Additional Surveillance Measure (ASM) framework.