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The NSE is introducing shares of 15 companies, mainly from the banking and finance space, for trading in the futures & options segment from March 31.
The shares are Reliance Defence and Engineering, InterGlobe Aviation, PVR, Capital First, Muthoot Finance, Dalmia Bharat, Equitas Holdings, Infibeam Incorporation, Ujjivan Financial Services, Suzlon Energy, Piramal Enterprises, Escorts, Shree Cement, Max Financial Services and Indian Bank.
Hectic trading likely todayThe market lot, scheme of strikes and quantity freeze limit of the securities will be informed to members on March 30, through a separate circular, the exchange said.
According to analysts, these stocks may see some buying activity on Thursday, as investors will try to build positions ahead of their entry in the derivative segment. They added that Capital First, Muthoot Finance, Equitas Holdings, Ujjivan Financial Services and Max Financial Services will see higher activity due to the current market flavour.
Suzlon Energy, which went out of the derivative segment from 2012 following a huge crash in its share price, is being brought back.
Currently, 174 shares of companies are traded in the derivative segment on the NSE.
According to the SEBI eligibility criteria, a company’s share should have a minimum trading volume value of ₹10 lakh and market wide position limit or market capitalisation of ₹300 crore.
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