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.