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

8 Stocks in F&O from October 2021

Derivatives - FnO
Last Updated: Sep 01, 2021, 07:46 PM IST

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.

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SENSEX
54,052.61
-236.00 (-0.43%)
Nifty 50
16,125.15
-89.55 (-0.55%)
Nifty Bank
34,290.15
42.55 (0.12%)

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