The move is part of a surveillance review and to ensure market safety and safeguard the interest of investors, NSE said in a notice today.
The scrips of the 47 firms would be shifted to the trade-for-trade segment or the 'T' group category. It allows for only delivery-based transactions and traders cannot take intra-day positions in such stocks.
Indiabulls Infrastructure and Power, Jindal Photo, Kirloskar Electric Company, Media Matrix Worldwide and NELCO are among the scrips to be shifted to 'T' group.
"Members are requested to take adequate precaution while trading in the above securities, as the settlement will be done on trade-to-trade basis and no netting off will be allowed," NSE said.
However, it added that "the transfer of security for trading and settlement on a trade-to-trade basis is purely on account of market surveillance and it should not be construed as an adverse action against the concerned company".
These stocks will attract a circuit filter of up to 5 per cent which would be the maximum permissible limit within which their share prices can move.
Besides, NSE said as many as 174 stocks including Bharati Shipyard and Birla Ericsson Optical would continue to trade under 'T' Group category.