National Stock Exchange (F&O) Segment To Have 8 New Shares From October 1

The National Stock Exchange (NSE) has added 8 shares to the F&O section, taking the overall variety of shares out there for derivatives buying and selling to 180 from the present 172. Abbott India, Crompton Greaves Consumer Electricals, Dalmia Bharat, Delta Corp, India Cements, JK Cement, Oberoi Realty and Persistent Systems are the brand new entrants into the F&O section. These might be out there for buying and selling from October 1.

"The futures and options contracts on 8 additional securities would be available for trading w.e.f. October 01, 2021, subject to fulfilment of eligibility criteria of Quarter sigma computation cycle of September 2021," the NSE mentioned in its round dated August 31.

The market heaps and strike costs of might be intimated by way of a separate round on September 30, 2021, the NSE added.

The NSE provides new shares to the f&o section occasionally primarily based on Sebi-prescribed standards reminiscent of common each day market capitalisation, common each day traded worth and market-wide place restrict. It additionally rejigs the Nifty index and different Nifty indices regularly.

On August 23, NSE had introduced the entry of Bank of Baroda, Cholamandalam Investment, Jindal Steel, PI Industries and SAIL into the Nifty Next 50 index, changing Abott India, Alkem Labs, MRF, Petronet LNG and UBL.