On Monday, the National Stock Exchange (NSE) informed that it will exclude 34 stocks from the Futures and Options (F&O) segment. The list of stocks include Suzlon Energy, CG Power, Allahabad Bank, Syndicate Bank, Jet Airways and PC Jeweller among others.
Every year the bourse checks the eligibility criteria for all stocks that are available for trading in the futures & options segment.
"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," the exchange said in a circular on Monday.
However, the existing unexpired contracts of expiry months April 2019, May 2019 and June 2019 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months, it added.
Accordingly, no contracts shall be available for trading in the 34 securities with effect from June 28, 2019.
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