Two stocks departing NSE's F&O segment witness selling pressure

Suzlon Energy (down 1.89% to Rs 18.15) and Gujarat Fluorochemicals (down 3.33% to Rs 318.95), edged lower.

The BSE Sensex was up 95.66 points, or 0.49% at 19,460.41.

Suzlon Energy had outperformed the market over the past one month till 18 December 2012, rising 20.13% compared with the Sensex's 5.76% rise. The scrip had also outperformed the market in past one quarter, rising 7.87% as against Sensex's 4.70% rise.

Gujarat Fluorochemicals had underperformed the market over the past one month till 18 December 2012, rising 3.56% compared with the Sensex's 5.76% rise. The scrip had also underperformed the market in past one quarter, falling 11.10% as against Sensex's 4.70% rise.

Futures and options (F&O) contracts for new expiry months in these two securities will not be issued on expiry of existing contract months, NSE said in a circular. The existing unexpired contracts of expiry months December 2012, January 2013 and February 2013 will continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months, the NSE circular said.

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