Business Standard

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

Related News

In a move that may give relief to retail participants in the market, the National Stock Exchange (NSE) has reduced the lot sizes for derivative contracts of 143 stocks. 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:   
|
|

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

In a move that may give relief to retail participants in the market, the National Stock Exchange (NSE) has reduced the lot sizes for derivative contracts of 143 stocks. The move came after a nearly two-fold rise in stock prices of many companies in the past couple of months.

In a move that may give relief to retail participants in the market, the National Stock Exchange (NSE) has reduced the lot sizes for derivative contracts of 143 stocks. 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.

image

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 ...

Recommended for you

Advertisements

Quick Links

Market News

Sensex drops 297 points to end below 27,450; Infosys slumps 6%

The 30-share Sensex ended down 297 points at 27,438 and the 50-share Nifty closed 93 points lower at 8,305.

Nifty ends 77 points lower; Infosys' Q4 earnings weigh

The 30-share Sensex provisionally ended down 252 points at 27,483 and the 50-share Nifty ended down 77 points at 8,321.

Gold recovers on wedding season demand, global cues

Metal adds Rs 190 to Rs 27,190 per 10 grams in National Capital, Silver up Rs 250 to Rs 36,500 per kg

Cairn India rebounds from 52-week low

The moved higher by 3% to Rs 221,bouncing back 9% from its 52-week low of Rs 202 touched on the NSE in early morning trade.

CNX IT index drops 3%; Infosys hits three-month low

Infosys,Tech Mahindra, Rolta India, Polaris Consulting, Tata Elxsi and KPIT Techno were down 4%-9% on the NSE.

 

Back to Top