‘DMart, SBI Card, IDFC may be added to F&O segment’

Mumbai: Radhakishan Damani-owned Avenue Supermarts, SBI Card, IDFC, Tata Motors DVR, CDSL and Affle India are among the 34 companies that could be potentially added to the futures and options segment, said a note by IIFL Alternative Research.Other potential additions include Adani Green, Adani Transmission, Dixon Technologies, Astral PolyTechnik, Ipca Laboratories, Tata Communications, IndiaMART InterMESH, IEX, Emami, Coromandel International, Tata Elxsi, Aditya Birla Fashion and Retail, Indian Hotels, MCX, Sanofi, Polycab, Syngene, and Cyient.IIFL Alternative Research said exchanges have in the last few years announced changes to F&O traded stocks in May.“... As we go back in history, exchanges had in the month of May (CY15, CY16, CY17 & CY19) in some of the previous years introduced F&O in select stocks,” said the note by IIFL Alternative Research.A stock is added into the F&O segment if it meets eligibility criteria of average daily market capitalisation and average daily traded value in the previous six months, among other factors.

from Economic Times https://ift.tt/3bDZT8Z