Business Standard

NSE slashes lot sizes of 143 stocks; F&O volumes to rise

Read more on:    Nse | 143 Stocks | F&o
Related News

In a move that may give relief to retail participants in the market, the National Stock Exchange () has reduced the lot sizes for derivative contracts of . The move came after a nearly two-fold rise in stock prices of many companies in the past couple of months.

The lot-size reduction will raise volumes in the futures and options (F&O) segment as the cost of trading in securities concerned will come down significantly.

In February, the exchange had increased the lot sizes of 243 stocks, which had caused liquidity concerns in the derivatives segment as more margin was required for trading. The current revision was made to meet the previously set value of each contract at Rs 2 lakh.

The lot sizes of 19 stocks — including GVK Power, Jaiprakash Associates, LIC Housing Finance, Mahindra & Mahindra, Aurobindo Pharma, Bajaj Auto, Bajaj Hindusthan, Balrampur Chini, Dish TV, Financial Technologies, GMR Infrastructure, Maruti Suzuki, Nagarjuna Fertilizer and Steel Authority of India (SAIL) -- were reduced to one-fourth as their current underlying values have gone up to over Rs 8 lakh.

Similarly, the lot sizes of 122 stocks were halved after their underlying values crossed the Rs 4 lakh-mark. These stocks include Adlabs Films, Allahabad Bank, Alstom Projects India, Andhra Bank, Ashok Leyland, Asian Paints, Associated Cement, Axis Bank, Bank of Baroda, Bharat Earth Movers, Bharat Forge and Bhel.

These revisions will take effect from June 26.

Read more on:   
|
|

Read More

Sensex ends at 3-week low; sentiment still weak

The Sensex fell to a three-week low on Monday after disappointing quarterly earnings hit Bank of Baroda and IDFC, while investors continued to book ...

Quick Links

 

Market News

AstraZeneca surges on takeover buzz

The US-based Pfizer has reportedly approached the London-based AstraZeneca PLC for a 60 billion pound takeover.

Web special: Nifty Apr series expiry seen at 6750-6850 zone

Check out the F&O trends in select stocks with Navneet Daga, Derivative Analyst at KR Choksey Securities

Alstom firm on bagging euro 30 million contract

The company will supply components and services for the 2x660 MW Banharpalli STPP in Jharsaguda, Orissa.

Palm oil down 0.3% on subdued demand

Market analysts said offloading of positions by speculators due to subdued demand in the spot market against adequate supplies, led to the fall

Mentha oil down 1.1% on sluggish demand

Oil for delivery in May declined by 0.98%

Back to Top