BSE Expands F&O Segment with 43 New Stocks Starting December 13, 2024

The Bombay Stock Exchange (BSE), India’s oldest stock exchange, announced the inclusion of futures and options (F&O) contracts on 43 individual stocks. Trading in these contracts will commence on December 13, 2024, according to a circular issued after market hours on November 22, 2024. This aligns with BSE’s strategy to deepen market participation and boost liquidity.

Key Additions to the F&O Segment

Some major inclusions feature three Adani Group companies, Adani Energy Solutions, Adani Green Energy, and Adani Total Gas alongside big names like Paytm (One 97 Communications), Zomato, and Life Insurance Corporation of India (LIC). Other major additions include Jio Financial Services, Avenue Supermarts (DMart), Yes Bank, and NHPC.

In addition, several public sector undertakings (PSUs) are entering the F&O segment, including Bank of India, Indian Bank, HUDCO, Oil India, SJVN, and Union Bank of India.

The list of stocks includes:

• Adani Group: Adani Energy Solutions, Adani Green Energy, Adani Total Gas
• Technology & Finance: Angel One, KPIT Technologies, PB Fintech
• PSUs & Infrastructure: IRFC, IRB Infra, NHPC, SJVN
• Retail & Consumer: Zomato, Paytm, DMart, Kalyan Jewellers
• Others: Tata Elxsi, Prestige Estates, Varun Beverages, JSW Energy

Implementation Timeline

Details of the derivative contracts will be available in the derivatives contract master file generated at the end of the trading day on December 12, 2024. These additions come shortly before the index rebalancing for BSE indices like the Sensex, where Zomato will replace JSW Steel from December 23, 2024.

BSE Shares Gain Following Announcement

Following the announcement, BSE’s stock gained more than 2% today, currently trading at Rs.4,816.25, the stock is up over 100% YTD.

Conclusion: In conclusion, the introduction of these 43 stocks into the F&O segment is expected to attract better investor participation and provide more trading opportunities. With companies including sectors like finance, energy, technology, and retail, the expanded offerings show BSE’s complete focus on strengthening the derivatives market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.