Eight New Stocks Added to F&O Segment, Trading Begins
New Delhi, April 2 — Eight new stocks have become available for trading in the domestic stock market's Futures and Options (F&O) segment starting today. This addition offers traders and investors more options than before.
The stocks now included in the F&O segment are from Motilal Oswal Financial Services, Adani Power, Godfrey Phillips India, Vishal Mega Mart, Cochin Shipyard, Hyundai Motor India, Nippon Life India AMC, and Force Motors. Currently, no stocks have been removed from the F&O segment, but after the existing trading series concludes, shares of Tata Technologies, Torrent Power, HUDCO, and Piramal Pharma will exit the segment. as per agency report, the lot size for futures of Motilal Oswal Financial Services is set at 775 shares, trading 42 percent below its 52-week high of ₹1,097. Similarly, Adani Power's futures lot consists of 3,550 shares, currently trading 18 percent below its 52-week high of ₹182.
Shares of Godfrey Phillips India, a cigarette manufacturer, are also available for trading in the F&O segment from today, with a lot size of 275 shares, currently 52 percent below its 52-week high of ₹3,947. Recently listed Vishal Mega Mart has also secured a place in the F&O segment, with a lot size of 4,850 shares, trading 33 percent below its high of ₹157. Cochin Shipyard, starting trading today, has a lot size of 400 shares, currently 53 percent below its 52-week high of ₹2,545.
Hyundai Motor India, which is set to be listed as India's largest IPO in 2024, has joined the F&O segment about 18 months after its stock market entry, with a lot size of 275 shares, trading below its issue price of ₹1,960. Additionally, Nippon Life India AMC's futures have a lot size of 625 shares, currently trading 21 percent below its high of ₹1,009. Shares of Force Motors, a commercial vehicle manufacturer, are also available for trading in the F&O segment from today, with a lot size of 25 shares, currently 27 percent below its 52-week high of ₹26,450.
