HDFC AMC\, Adani Gas among candidates for inclusion in F&O segment

HDFC AMC, Adani Gas among candidates for inclusion in F&O segment

According to an analysis by ICICI Direct, about a dozen stocks currently meet the inclusion criteria for trading in the derivatives segment

Topics
HDFC AMC | Adani Gas | F&O

Sundar Sethuraman  |  Mumbai 

adani gas
Over the years, more stocks have moved out of the F&O segment amid regulatory tightening | Adani Gas, File Photo

HDFC Asset Management Company (AMC), Adani Gas, and ICICI Lombard are among the stocks that could be allowed to trade in the futures and options (F&O) segment.

According to an analysis done by ICICI Direct, about a dozen stocks currently meet the inclusion criteria for trading in the derivatives segment.

Over the years, more stocks have moved out of the segment amid regulatory tightening. During the previous inclusion in April, SBI Life Insurance was added to the list. Earlier in February, the National Stock Exchange (NSE) had included three new candidates after a gap of almost two years.

Stocks in the segment are selected from among the top 500 list in terms of average daily market capitalisation on a rolling six-month basis. Also, a stock’s median quarter-sigma order size for the past six months should be more than Rs 25 lakh.

Also, market-wide position limit in the stock should be more than Rs 500 crore on a rolling basis.

Further, the average daily delivery value in cash market shall not be less than Rs 10 crore in the previous six months, on a rolling basis.

Stocks likely to be part of F&O

Aarti Industries

Abbott India

Adani Gas

Deepak Nitrate

HDFC AMC

ICICI General

IPCA Labs

L&T Infotech

Pfizer

PI Industries

Trent
Source: ICICI Direct

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First Published: Wed, July 01 2020. 14:31 IST