Zomato shares climbed more than 2% following the announcement by the National Stock Exchange (NSE) to include 45 new stocks in the futures and options (F&O) segment. The newly added stocks, which will be available for F&O trading from November 29, include notable names such as Jio Financial Services, DMart, and Adani Green Energy alongside Zomato.
Key Highlights:
- New F&O Entrants: The NSE’s decision to introduce 45 stocks into the F&O segment aims to promote high liquidity and stability. Other prominent additions include Jio Financial Services, DMart, Adani Green Energy, and Angel One.
- Inclusion Criteria: The selection process for F&O trading includes stocks with high liquidity, a minimum average daily turnover, and stable price movements to ensure a secure and efficient trading environment.
The inclusion of Zomato in the F&O segment is expected to boost trading activity and liquidity, potentially increasing investor interest and participation in the stock. This strategic addition reinforces market confidence in Zomato’s stability and growth potential.
TOPICS:
Zomato