Two stocks see divergent trend on F&O inclusion

Shares of L&T Finance Holdings lost 4.4% while Just Dial rose 0.7% at 14:21 IST on BSE, on their inclusion in futures and options (F&O) segment on the National Stock Exchange from today, 13 March 2014.

L&T Finance Holdings lost 4.4% to Rs 81.45. On BSE, so far 50.95 lakh shares were traded in the counter, compared with an average volume of 9.95 lakh shares in the past one quarter.

Just Dial gained 0.7% to Rs 1,627.05. On BSE, so far 1.27 lakh shares were traded in the counter, compared with an average volume of 1.73 lakh shares in the past one quarter.

Meanwhile, the S&P BSE Sensex was up 62.16 points or 0.28% at 21,918.38

L&T Finance Holdings had outperformed the market over the past one month till 12 January 2014, rising 20.34% compared with the Sensex's 6.88% rise. The scrip also outperformed the market in past one quarter, gaining 18.91% as against Sensex's 4.45% rise.

Just Dial had outperformed the market over the past one month till 12 January 2014, rising 17.27% compared with the Sensex's 6.88% rise. The scrip also outperformed the market in past one quarter, gaining 39.5% as against Sensex's 4.45% rise.

The National Stock Exchange (NSE) after trading hours on Tuesday, 11 March 2014, said it has decided to include L&T Finance Holdings and Just Dial for trading in the futures and options (F&O) segment with effect from today, 13 March 2014. NSE had after trading hours on Wednesday, 12 March 2014, set the lot size for futures and options contracts of L&T Finance Holdings at 4,000 and that of Just Dial at 250.

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