The National Stock Exchange (NSE) is set to expand its Futures and Options (F&O) segment by introducing contracts on 45 additional stocks today, November 29, 2024. This move aims to enhance market depth and provide investors with a broader array of instruments for hedging and speculative purposes.
Notable Entrants:
- Jio Financial Services: The financial arm of Reliance Industries, Jio Financial Services, has been making significant strides in the financial sector, offering a range of services from digital payments to lending. Its inclusion in the F&O segment reflects its growing prominence in the financial landscape.
- Zomato: As a leading player in India’s food delivery industry, Zomato has shown robust growth, especially with the increasing demand for online food services. The company’s performance has been under the spotlight, and its addition to the F&O list provides investors with more avenues to engage with its stock.
- Avenue Supermarts (DMart): Known for its extensive retail chain, DMart has consistently delivered strong financial results, driven by its efficient business model and expanding footprint. The stock’s inclusion in the F&O segment offers investors additional strategies to participate in its growth story.
Other F&O Entrants:
- Adani Energy Solutions
- Adani Green Energy
- APL Apollo Tubes
- Adani Total Gas
- Angel One
- BSE
- CAMS
- CDSL
- CG Power
- Delhivery
- HUDCO
- IRCTC
- Nykaa
Prior to this expansion, the NSE’s F&O segment comprised 178 stocks. With the addition of these 45 new scrips, the total now stands at 223, significantly broadening the market’s derivative offerings.
This strategic inclusion is expected to enhance liquidity and provide investors with diversified opportunities to hedge their portfolios and speculate on market movements. Market participants are advised to stay informed about the specific contract specifications and lot sizes for these newly added stocks to effectively incorporate them into their trading strategies.
