NSE to exclude PVR INOX, 15 other securities from F&O effective February 28; Check full list

  • NSE will exclude 16 securities, including PVR INOX, Abbott India, among others, from F&O with effect from February 28.

Nikita Prasad
Published20 Dec 2024, 08:56 PM IST
NSE will exclude 16 securities, including PVR INOX, Dr Lal Pathlabs, and others, from F&O with effect from February 28.
NSE will exclude 16 securities, including PVR INOX, Dr Lal Pathlabs, and others, from F&O with effect from February 28.

The National Stock Exchange (NSE) announced on Friday, December 20, the exclusion of futures and options (F&O) contracts for 16 securities, including Dr Lal Pathlabs, PVR INOX, and City Union Bank, among others. NSE said that, with effect from February 28, 2025, no new expiry contracts will be introduced for these securities.

According to NSE, the affected securities from the list are Abbott India, Atul Ltd, Bata India, Can Fin Homes, Coromandel International, City Union Bank, Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), IndiaMART InterMESH, IPCA Laboratories, Dr Lal PathLabs Ltd, Metropolis Healthcare Ltd, Navin Fluorine International, PVR INOX, Sun TV Network, and United Breweries.

Also Read: NSE to introduce F&O contracts on Jio Financial, Zomato among others from November 29; Check full list of 45 stocks

NSE to exclude 16 contracts from F&O

“Members are requested to note that the contracts for new expiry months in the following securities will not be issued on the expiry of existing contract months,” said the stock exchange in its circular. “The existing unexpired contracts of expiry months December 2024, January 2025 and February 2025 would continue to be available for trading till their respective expiry," said NSE.

Also Read: Sensex crashes over 4,000 points this week, Nifty 50 falls below 200 DEMA; 5 factors driving Indian stock market down

“New strikes would also be introduced in the existing contract months. Accordingly, no contracts shall be available for trading in the securities as mentioned earlier with effect from February 28, 2025,” said the stock exchange.

Meanwhile, last month, NSE announced that it will introduce F&O contracts on 45 new stocks from Friday, November 29, 2024. According to the NSE circular, Zomato, Jio Financial Services, and Avenue Supermarts (DMart) were among the notable entrants. The new additions were announced after approval from the capital markets regulator, the Securities and Exchange Board of India (SEBI)

“Members are hereby notified that the futures and options (F&O) contracts on 45 additional securities would be available for trading w.e.f. November 29, 2024,” said NSE in its official statement on November 13 regarding the move.

Also Read: BSE to introduce F&O contracts on 43 stocks: 3 Adani firms, Paytm, Zomato to join list from December 13

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsMarketsStock MarketsNSE to exclude PVR INOX, 15 other securities from F&O effective February 28; Check full list
MoreLess
First Published:20 Dec 2024, 08:56 PM IST
Most Active Stocks
Market Snapshot
  • Top Gainers
  • Top Losers
  • 52 Week High
    Recommended For You
      More Recommendations
      Gold Prices
      • 24K
      • 22K
      Fuel Price
      • Petrol
      • Diesel
      Popular in Markets