NSE to Introduce 8 Stocks in F&O from October 2021

resr 5paisa Research Team

Last Updated: 7th September 2023 - 05:09 pm

Listen icon

The National Stock Exchange (NSE) vide its circular dated 31st August, has announced the inclusion of 8 more stocks in the list of stocks eligible for F&O trading. The inclusion of these 8 stocks will, of course, be subject to the fulfilment of eligibility criteria of Quarter Sigma Computation Cycle of September 2021.

The list of 8 stocks to be included in F&O effective from 01-Oct:
 

Serial No.

Company Name

NSE Code

Nature of Business

1

Abbott India Limited

ABBOTINDIA

MNC Pharmaceutical and healthcare vertical

2

Crompton Greaves Cons

CROMPTON

Electrical goods for household use

3

Dalmia Bharat Limited

DALBHARAT

Cement Manufacturer, 4th largest capacity

4

Delta Corp Limited

DELTACORP

Gaming, Casino and the Hospitality business

5

India Cements Limited

INDIACEM

Largest South-based Cement Manufacturer

6

JK Cements Limited

JKCEMENT

Cement maker and part of Singhania Group

7

Oberoi Realty Limited

OBEROIRLTY

Real estate developer based out of Mumbai

8

Persistent Systems Ltd

PERSISTENT

It enabled software development company

The exchange will communicate the specific details of the F&O contracts like market lot, scheme of strike prices and quantity freeze limits on 30-Sep, a day before the start of F&O contracts on these stocks.

The decision to add or remove stocks from the F&O is based on prescribed eligibility criteria and there is a stock selection committee that deliberates and evaluates whether a stock fits into all these criteria before admitting a stock for inclusion in the F&O list.

Normally, inclusion in F&O adds to the liquidity of the stock since a fairly large chunk of volumes is created by cash-futures arbitrage. Stocks included in F&O are also not subjected to stock-level circuit filters.

Currently, there are 3 indices (Nifty, Bank Nifty and Nifty Financial Services) and 172 stocks on which F&O trading is permitted. With the addition of these 8 stocks, the eligible F&O stock list will go up to 180.

How do you rate this article?

Characters remaining (1500)

FREE Trading & Demat Account
+91
''
Resend OTP
''
''
Please Enter OTP
''
By proceeding, you agree T&C*
Mobile No. belongs to

Indian Stock Market Related Articles

List Of Maharatna Companies In India

by Tanushree Jaiswal 9th Jul 2024

Why Quant Mutual Funds Are Outperforming?

by Tanushree Jaiswal 5th Jul 2024

NSE's 90% Cap on SME IPO Listing Prices

by Tanushree Jaiswal 5th Jul 2024

Want to Use 5paisa
Trading App?