You are here: Home » Companies » Industry
Business Standard

BSE, NSE to launch F&O series in 16 companies from April 28

Separately, NSE said that F&O contracts will be available for trading in these companies

Topics
F&o Series

Press Trust of India  |  New Delhi 

BSE, NSE to launch F&O series in 16 cos from April 28

Leading bourses BSE and NSE will introduce futures and options (F&O) contracts in 16 including Fortis Healthcare, Mahanagar Gas and Multi Commodity Exchange of India from next week.

The other firms are — NBCC India, Berger Paints, Can Fin Homes, Cholamandalam Investment and Finance Company, Gujarat State Fertilizers & Chemicals, Nestle India, Godfrey Phillips India, Bajaj Finserv, Mangalore Refinery and Petrochemicals, Balrampur Chini Mills, Raymond, Balkrishna Industries and V- Guard Industries.

In a circular, BSE said these 16 securities will be available for trading in equity derivatives segment with effect from April 28.

Separately, NSE said that F&O contracts will be available for trading in these .

Currently, there are over 200 securities available in the F&O segment for trade.

In July 2015, markets regulator Sebi had made a steep hike in the minimum investment size for any equity derivative product to Rs 5 lakh from Rs 2 lakh. Besides, the minimum lot size of an equity derivative contract had been increased to Rs 5 lakh.

A derivative is a security derived from a debt instrument, share, loan, whether secured or unsecured, or any other form of security.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, April 19 2017. 23:24 IST
RECOMMENDED FOR YOU
.