MCX, 15 others to enter F&O segment from April 28

Our Bureau Chennai | Updated on January 15, 2018

Currently, about 190 shares of companies are traded in the derivative segment on the NSE

The NSE is introducing shares of 16 companies for trading in the futures & options segment from April 28.

The shares are Balkrishna Industries, Bajaj Finserv, Balrampur Chini Mills, Berger Paints, CanFin Homes, Cholamandalam Investment & Finance Company, Fortis Healthcare. Godfrey Philips, Gujarat State Fertilizers and Chemicals, Mangalore Refinery & Petrochemicals, Mahanagar Gas, Multi Commodity Exchange of India, NBCC (I), Nestle India, Raymond and V-Guard Industries.

The market lot, scheme of strikes and quantity freeze limits of the securities will be informed to members on April 27, through a separate circular, the exchange said.

Recently, the exchanges introduced the shares of 16 companies including Reliance Defence & Engineering, InterGlobe Aviation, Capital First, Muthoot Finance, Equitas Holdings, Ujjivan Financial Services, Suzlon Energy, Max Financial Services and Indian Bank into the F&O segment.

Currently, shares of about 190 companies are traded in the derivative segment on the NSE.

According to SEBI’s eligibility criteria, a company’s share should have a minimum trading volume value of ₹10 lakh and market-wide position limit or market capitalisation of ₹300 crore.

These stocks may see higher activity on Thursday, as investors will try to build positions ahead of their entry into the derivative segment.

Published on April 19, 2017

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