Jio Financial Share Price Zooms 6% After Inclusion in NSE F&O

Shares of Jio Financial Services saw a significant rise of up to 6% in early trading on Thursday, November 14, 2024, reaching a day high of ₹319.80 by 11:25 AM. This surge in Jio finance share price followed the announcement of the company’s inclusion in the Futures and Options (F&O) segment by the National Stock Exchange (NSE).

NSE Introduces 45 New Stocks in F&O Segment

Jio Financial Services was among the 45 new stocks added to the NSE’s F&O segment, which is set to go live on November 29, 2024. Other notable entrants include Adani Energy, Adani Green Energy, Zomato, D Mart, Bank of India, CDSL, Cyient, Nykaa, Paytm, and YES Bank, among others.

Eligibility Criteria for F&O Segment

The NSE includes only those stocks in the F&O segment that meet strict liquidity and turnover criteria. The exchange ensures that the stocks have high levels of liquidity and maintain a stable price history, with minimal volatility, providing a more secure environment for derivatives trading.

Benefits of F&O Trading

The introduction of stocks like Jio Financial Services into the F&O segment offers investors the ability to trade derivatives based on the underlying stock value. This allows for leveraged positions, enabling investors to control larger amounts of the asset with relatively lower capital requirements.

NSE’s Dominance in Derivatives Market

The NSE is one of the world’s leading derivatives exchanges by trading volume. In Q2 FY25, the exchange recorded an average daily traded volume (ADTV) of ₹2.01 lakh crore for equity futures, marking a 64% year-on-year increase. For equity options, the ADTV stood at ₹65,648 crore, reflecting an 8% YoY growth.

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.