Nifty 17938.4 (-0.96%)
Sensex 60113.39 (-1.06%)
Nifty Bank 38041.35 (-0.44%)
Nifty IT 37299.75 (-2.08%)
Nifty Financial Services 18277.9 (-1.03%)
Adani Ports 743.55 (-2.54%)
Asian Paints 3282.95 (-2.69%)
Axis Bank 731.15 (0.82%)
B P C L 393.95 (-1.04%)
Bajaj Auto 3452.15 (1.51%)
Bajaj Finance 7590.00 (-1.99%)
Bajaj Finserv 18054.45 (-0.55%)
Bharti Airtel 703.45 (-1.53%)
Britannia Inds. 3583.45 (-1.06%)
Cipla 897.00 (-0.57%)
Coal India 163.65 (1.77%)
Divis Lab. 4479.45 (-1.05%)
Dr Reddys Labs 4677.00 (-0.35%)
Eicher Motors 2722.95 (-0.49%)
Grasim Inds 1808.45 (-2.36%)
H D F C 2617.20 (-1.70%)
HCL Technologies 1201.75 (-1.48%)
HDFC Bank 1519.10 (-0.66%)
HDFC Life Insur. 656.40 (-1.90%)
Hero Motocorp 2700.60 (0.29%)
Hind. Unilever 2312.00 (-2.43%)
Hindalco Inds. 503.95 (1.60%)
I O C L 125.10 (0.93%)
ICICI Bank 809.80 (-1.62%)
IndusInd Bank 893.00 (-0.74%)
Infosys 1865.00 (-2.90%)
ITC 220.40 (-0.16%)
JSW Steel 677.70 (-0.37%)
Kotak Mah. Bank 1908.40 (-1.74%)
Larsen & Toubro 2016.85 (-0.26%)
M & M 894.20 (0.23%)
Maruti Suzuki 8055.00 (1.77%)
Nestle India 19017.35 (-1.87%)
NTPC 134.50 (-0.37%)
O N G C 169.50 (3.45%)
Power Grid Corpn 205.35 (0.10%)
Reliance Industr 2521.40 (-0.02%)
SBI Life Insuran 1245.00 (-1.65%)
Shree Cement 26395.00 (-2.80%)
St Bk of India 515.05 (1.63%)
Sun Pharma.Inds. 836.90 (-1.16%)
Tata Consumer 719.00 (-1.70%)
Tata Motors 520.60 (1.92%)
Tata Steel 1208.00 (1.10%)
TCS 3914.70 (-1.90%)
Tech Mahindra 1671.35 (0.64%)
Titan Company 2591.00 (-0.37%)
UltraTech Cem. 7456.75 (-1.31%)
UPL 814.00 (1.86%)
Wipro 623.00 (-1.63%)

Two Additions to the F&O list from Jan-22 Contracts

Two Additions to the F&O list from Jan-22 Contracts
News - Updates
by 5paisa Research Team 26/11/2021

In a circular issued late on 25th November, the NSE announced the addition of 2 stocks to the list of eligible futures and options trading. The two companies are Aditya Birla Capital (ABCAPITAL) and Honeywell Automation India (HONAUT). These stocks have been identified based on their meeting the required criteria for inclusion in F&O.

These additions to the F&O list will be made after the close of trading on 30th December, which is the expiry day for the December F&O contracts.

These contracts on the 2 stocks as mentioned above will be introduced effective from trading on 31st December, for the January 2022 F&O contracts onwards.

The inclusion of these two stocks will be subject to the fulfilment of the eligibility criteria of Quarter Sigma computation for the December 2021 cycle. Other details of the F&O contracts like the lot size, the quantity freeze limits and the option strikes for options on these stock contracts will be communicated by the NSE on 30th December, 2021.

Currently, there are 188 stocks in the F&O list and 3 indices. Each stock has a near-month contract, mid-month contract and a far month contract available in F&O at any point of time.

With the addition of Honeywell Automation and Aditya Birla Capital, the total number of stocks in the F&O list will go up to 190, apart from the 3 indices. The inclusion of the stocks in the F&O eligible list proffers some distinct advantages.

1) It offers greater liquidity due to the higher volumes that F&O attracts in India as compared to the cash market

2) It contributes to cash market volumes in the stocks as a common strategy adopted by the institutional investors and proprietary traders is the cash-future arbitrage. 

3) Stocks included in the F&O list are exempted from price circuit filters and are only circumscribed by the quantity freeze limits in F&O and the index level filters.

About the two companies to be added to F&O

A) Honeywell Automation is into security related automation services catering to the security needs of homes, offices, factories, data centers etc. The stock of Honeywell trades at a price of around Rs.39,496.

The stock has a market cap of Rs.34,921 crore and a free float market cap of Rs.8,730 crore. Honeywell has a face value of Rs.10 per share and quotes at a historical P/E ratio of 80.47X.

B) Aditya Birla Capital is the financial services arm of the Aditya Birla group. It is essentially into financial lending and allied activities. It is also the holding company for the insurance and asset management businesses. The stock of Aditya Birla Capital trades at a price of around Rs.108.55.

The stock has a market cap of Rs.26,228 crore and a free float market cap of Rs.7,606 crore. AB Capital has a face value of Rs.10 per share and quotes at a historical P/E ratio of 264.32X.

The lot sizes will be determined at an approximate lot value of between Rs.7.50 lakhs and Rs.10 lakhs.

Also Read:-

1. 5 Mantras for Trading in Options

2. 5 Mantras for Trading in Futures

About the Author

Open Demat Account

Enter Mobile Number
Enter correct otp
Start investing in just 5 mins
Free Demat account, No conditions apply
  • 0%* Brokerage
  • Flat ₹20 per order
-641.47 (-1.06%)
Nifty 50
-174.65 (-0.96%)
Nifty Bank
-168.95 (-0.44%)
Next Article

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number

Stocks Directory

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z All 0-9