Adani Power, Hyundai Motor Among Eight Stocks to Join F&O Segment from April 1
Eight stocks, including Adani Power and Hyundai Motor India, will enter the futures & options (F&O) segment from Wednesday, with the National Stock Exchange (NSE) announcing position limits. The move is anticipated to improve liquidity and trading volumes.Stocks Entering the F&O Segment
The National Stock Exchange (NSE) announced earlier this month that Adani Power, Cochin Shipyard, Hyundai Motor India, Force Motors, Godfrey Phillips India, Motilal Oswal Financial Services, Nippon Life India Asset Management, and Vishal Mega Mart will be introduced to the derivatives segment.Recent Stock Performance
Here's a summary of how these stocks have performed in the past six months:| Stock | Performance (6 Months) |
|---|---|
| Adani Power | Around 4% gain |
| Hyundai Motor India | Over 31% decline |
| Force Motors | More than 15% gain |
| Godfrey Phillips India | 45% decline |
| Motilal Oswal Financial Services | 29% decline |
| Vishal Mega Mart | 29% decline |
| Nippon Life India Asset Management | 8% decline |
| Cochin Shipyard | 33% decline |
Eligibility Criteria
The Securities and Exchange Board of India (SEBI) tightened the eligibility criteria for stocks to be a part of the derivatives segment in August 2024. A key criterion is liquidity, requiring a stock to be traded by a wide set of market participants to prevent manipulation and lower risks.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.