The Nationwide Inventory Alternate (NSE) introduced on Friday, December 20, the exclusion of futures and choices (F&O) contracts for 16 securities, together with Dr Lal Pathlabs, PVR INOX, and Metropolis Union Financial institution, amongst others. NSE stated that, with impact from February 28, 2025, no new expiry contracts shall be launched for these securities.
Based on NSE, the affected securities from the checklist are Abbott India, Atul Ltd, Bata India, Can Fin Houses, Coromandel Worldwide, Metropolis Union Financial institution, Gujarat Narmada Valley Fertilizers & Chemical compounds (GNFC), IndiaMART InterMESH, IPCA Laboratories, Dr Lal PathLabs Ltd, Metropolis Healthcare Ltd, Navin Fluorine Worldwide, PVR INOX, Solar TV Community, and United Breweries.
NSE to exclude 16 contracts from F&O
“Members are requested to notice that the contracts for brand new expiry months within the following securities is not going to be issued on the expiry of current contract months,” stated the inventory trade in its round. “The prevailing unexpired contracts of expiry months December 2024, January 2025 and February 2025 would proceed to be obtainable for buying and selling until their respective expiry,” stated NSE.
“New strikes would even be launched within the current contract months. Accordingly, no contracts shall be obtainable for buying and selling within the securities as talked about earlier with impact from February 28, 2025,” stated the inventory trade.
In the meantime, final month, NSE introduced that it’s going to introduce F&O contracts on 45 new shares from Friday, November 29, 2024. Based on the NSE round, Zomato, Jio Monetary Companies, and Avenue Supermarts (DMart) have been among the many notable entrants. The brand new additions have been introduced after approval from the capital markets regulator, the Securities and Alternate Board of India (SEBI).
“Members are hereby notified that the futures and choices (F&O) contracts on 45 extra securities can be obtainable for buying and selling w.e.f. November 29, 2024,” stated NSE in its official assertion on November 13 relating to the transfer.
