NSE, BSE to exclude F&O contracts of Ujjivan Financial, Equitas Holdings

Leading stock exchanges BSE and NSE have decided to drop three firms -- Ujjivan Financial Services, Equitas Holdings and Century Textiles & Industries -- from future and options trading from August 28.

The move is expected to protect market participants from huge single-day swings.

In separate circulars, the exchanges said futures and options (F&O) contracts will not be available for trading in the securities of these three companies with effect from August 28, 2020.

"The existing unexpired contracts of expiry months June 2020, July 2020 and August 2020 shall be available for trading till their respective expiry and new strikes