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NSE to bar 34 stocks from participating in F&O segment from June 28th 2019

This article was posted on Apr 23, 2019 and is filed under Market News

The list includes stocks such as Suzlon, Reliance Power, PC Jeweller, CG Power,Jet Airways, Ajanta Pharma, Allahabad Bank, BEML, Can Fin Homes, Ceat, Chennai Petroleum, DCB Bank, Godfrey Phillips, Godrej Industries, GSFC, IDFC, IFCI, India Cements, Indian Bank, Infibeam Avenues, IRB Infra, Jain Irrigation, Kaveri Seed, Karnataka Bank, MRPL, NHPC, OBC, Reliance Power, South Indian Bank, Syndicate Bank, Tata Communications, TV18 Broadcast, V-Guard and Wockhardt

The action is based on last year’s SEBI circular on review of framework for stocks in derivatives segment, which states that “after a period of one year from the date of the circular, only those stocks which meet the enhanced eligibility criteria shall remain in derivatives segment”.

Note: The Credit of this post goes to the original witters of this post and not to NSEGUIDE

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