 "F&O entry: Equitas, Muthoot Finance up 3%; Infibeam down 7%")
Shares of Reliance Defence and Engineering, Equitas Holdings, Muthoot Finance, InterGlobe Aviation and Capital First rallied more than 3% each following their inclusion in the National Stock Exchange (NSE) derivatives segment with effect from today.
On March 22, the NSE announced the inclusion of total 15 companies in the future & options (F&O) segment with effect from March 31, 2017.
Piramal Enterprises, Indian Bank, Dalmia Bharat, Escorts, Ujjivan Financial Services, PVR, Max Financial Services, Shree Cements and Suzlon Energy were up in the range of 1% to 3% as compared to 0.14% decline in the Nifty 50 index at 10:15 am.
Infibeam Incorporation, however, slipped 8% to Rs 1,042, extending its 19% decline in past five trading sessions.
Typically, stocks that enter the F&O segment gain ground due to absence of circuit filters and increase in institutional participation due to improved liquidity.
On March 22, the NSE announced the inclusion of total 15 companies in the future & options (F&O) segment with effect from March 31, 2017.
Piramal Enterprises, Indian Bank, Dalmia Bharat, Escorts, Ujjivan Financial Services, PVR, Max Financial Services, Shree Cements and Suzlon Energy were up in the range of 1% to 3% as compared to 0.14% decline in the Nifty 50 index at 10:15 am.
Infibeam Incorporation, however, slipped 8% to Rs 1,042, extending its 19% decline in past five trading sessions.
Typically, stocks that enter the F&O segment gain ground due to absence of circuit filters and increase in institutional participation due to improved liquidity.
| Name | 22/03/2017 | 30/03/2017 | LTP | % chg* | % chg # |
| Reliance Defence | 58.70 | 65.95 | 69.25 | 5.00 | 17.97 |
| Equitas Holdings | 157.15 | 164.30 | 170.70 | 3.90 | 8.62 |
| Muthoot Finance | 347.10 | 373.75 | 388.25 | 3.88 | 11.86 |
| InterGlobe Aviation | 934.75 | 1044.15 | 1082.30 | 3.65 | 15.78 |
| Capital First | 706.85 | 740.85 | 767.00 | 3.53 | 8.51 |
| Piramal Enterprises | 1858.65 | 1868.00 | 1917.00 | 2.62 | 3.14 |
| Indian Bank | 257.65 | 264.20 | 268.80 | 1.74 | 4.33 |
| Dalmia Bharat | 1887.15 | 1956.65 | 1985.50 | 1.47 | 5.21 |
| Escorts | 521.75 | 535.15 | 543.00 | 1.47 | 4.07 |
| Ujjivan Financial Services | 422.50 | 430.15 | 435.50 | 1.24 | 3.08 |
| PVR | 1416.75 | 1417.05 | 1432.05 | 1.06 | 1.08 |
| Max Financial Services | 560.00 | 572.70 | 578.70 | 1.05 | 3.34 |
| Shree Cements | 16349.80 | 17248.20 | 17427.90 | 1.04 | 6.59 |
| Suzlon Energy | 18.35 | 19.45 | 19.65 | 1.03 | 7.08 |
| Infibeam Incorporation | 1352.85 | 1126.85 | 1042.00 | -7.53 | -22.98 |
| Nifty 50 | 9030.45 | 9173.75 | 9161.25 | -0.14 | 1.45 |
| LTP: Last traded price on NSE in Rs at 10:15 am | |||||
| * over previous day, # over March 22, 2017 | |||||
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