Polycab shares tumble 5% as stock set to exit F&O segment from December 30 onwards. Here’s why

Polycab India shares dropped over 5% after the NSE announced its exclusion from the F&O segment from December 30. The move follows insolvency proceedings initiated against the company, although NCLAT has stayed the NCLT order. Existing derivative contracts will continue until their respective December expiries.

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