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Check the full list of the 45 companies that will have futures and options contracts starting November 29
NSE introduces F&O contracts on 45 stocks
The National Stock Exchange (NSE) announced on Wednesday, November 13, that it has introduced F&O contracts on 45 new stocks with effect from (w.e.f) Friday, November 29, 2024. According to the NSE circular, Zomato, Jio Financial Services, and Avenue Supermarts (DMart) were among the notable entrants.
This will include companies such as Life Insurance Corporation, Jio Financial Services, Adani Energy Solutions, Adani Green Energy, Nykaa, Paytm, YES Bank, and Zomato, among others.
“Members are advised to note that based on the stock selection criteria as prescribed by SEBI vide circular no. SEBI/HO/MRD/MRD-PoD-2/P/CIR/2024/116 dated August 30, 2024 and approval received from SEBI, members are hereby notified that the futures and options contracts on following 45 additional securities would be available for trading,” the NSE said in a circular.
The market lot, scheme of strikes, and quantity freeze limit of the securities shall be informed to members on November 28 through a separate circular, NSE added.
Here is the full list of the 45 companies that will have futures and options contracts:
Adani Green Energy Limited, Angel One Limited, Apollo Tubes Limited, Adani Total Gas Limited, Bank of India, BSE Limited, Computer Age Management Services Limited, Central Depository Services (India) Limited, CESC Limited, CG Power and Industrial Solutions Limited, Cyient Limited, Delhivery Limited, Avenue Supermarts Limited, HFCL Limited, Housing & Urban Development Corporation Limited, Indian Bank, IRB Infrastructure Developers Limited, Indian Railway Finance Corporation Limited, Jio Financial Services Limited, Jindal Stainless Limited, JSW Energy Limited, Kalyan Jewellers India Limited, KEI Industries Limited, KPIT Technologies Limited, Life Insurance Corporation of India, Macrotech Developers Limited, Max Healthcare Institute Limited, NCC Limited, NHPC Limited, FSN E-Commerce Ventures Limited (Nykaa), Oil India Limited, One 97 Communications Limited (Paytm), PB Fintech Limited (Policybazaar), Poonawalla Fincorp Limited, Prestige Estates Projects Limited, SJVN Limited, Sona BLW Precision Forgings Limited, Supreme Industries Limited, Tata Elxsi Limited, Tube Investments of India Limited, Union Bank of India, Varun Beverages Limited, Yes Bank Limited, and Zomato Limited.
According to the stock exchange, the market lot, scheme of strikes, and quantity freeze limit of the securities, as mentioned above, will be announced to the members in a separate official circular on Thursday, November 28, 2024.
Currently, there are 178 stocks available for F&O trading.
Paytm, DMart, BSE, Adani group counters among major gainers
Among the stocks showing a strong uptrend were Jio Financial Services, Avenue Supermarts, BSE, Paytm, Zomato and key Adani Group companies, including Adani Green Energy and Adani Total Gas.
Jio Financial Services led the pack, climbing 5.78 percent to Rs 316.70. One 97 Communications, the parent company of Paytm, also saw a strong rise, up 4.26 percent to Rs 785.35. Food delivery and quick commerce major Zomato share price climbed as much as 4 percent to Rs 269 on the inclusion.
BSE Ltd. gained 2.30 percent, reaching Rs 4,595.05, while Avenue Supermarts, the operator of DMart retail stores, rose 1.63 percent to Rs 3,821.00.
Additionally, Adani Green Energy and Adani Total Gas added 2.22 percent and 1.86 percent, respectively.
This move has spurred buying interest among investors. F&O inclusion generally boosts a stock’s liquidity and attracts both institutional and retail investors, allowing for hedging and speculative trading. The additional liquidity often results in increase in trading volumes. Further, F&O inclusion also paves way for a stock inclusion in benchmark indices Nifty 50.
The exchange clarified that the market lot size, strike price range, and other specifics for the newly included stocks will be communicated in an official circular on November 28, a day before the F&O trading goes live on November 29.
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