Supreme Inds, Balrampur, NBCC gain up to 6% on F&O inclusion from Dec 31

The move is expected to boost participation as investors and institutions can hedge underlying positions in the stock.

Shares of Balrampur Chini Mills, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Supreme Industries, Hindustan Copper and NBCC (India) rallied up to 9 per cent on the National Stock Exchange (NSE) in Wednesday’s intra-day trade on inclusion of these stocks in Futures & Options (F&O) segment from December 31, 2021. Rain Industries and Tata Communications were up 4 per cent and 2 per cent, respectively, in intra-day trade today.

Based on the stock selection criteria as prescribed by the market regulator Securities and Exchange Board of India (SEBI), the futures and options contracts on 7 additional securities would be