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Stock exchanges await Sebi approval to add new stocks to F&O segment

Sources reveal that exchanges submitted a list featuring 40 net additions

Sebi F&O
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Illustration: Binay Sinha

Khushboo Tiwari Mumbai

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Stock exchanges are awaiting approval from the Securities and Exchange Board of India (Sebi) to add new stocks to the futures and options (F&O) segment, according to sources.

The Sebi board cleared the new eligibility criteria for F&O stock selection at its meeting in June, and a detailed circular was issued on August 30.

Subsequently, the exchanges submitted a list of stocks eligible for inclusion in the F&O segment under the revised guidelines. However, the new list has yet to receive the necessary approval, the sources added.

The new changes may increase the total number of available