Watch out for the new F&O inclusions: Is it an opportunity for traders?

Come April 28, the National Stock Exchange of India (NSE) will add 16 stocks in the derivatives segment. 

It is a routine exercise where the Exchange includes new stocks in derivatives segment based on a pre-defined eligibility criteria. The eligibility criteria includes daily traded volume and market capitalisation among others.

In normal market conditions such a development is seen as positive for the stock, as the inclusion can be expected to boost volumes in the counter, and generates interest in the stock.

Following stocks will be included in the F&O segment:-

Balkrishna Industries , NBCC (India) , Mahanagar Gas, Berger Paints, Nestle India, V-Guard Industries, Godfrey Philips India, Bajaj Finserv, Balrampur Chini Mills, Raymond, Fortis Healthcare, Can Fin Homes, Cholamandalam Investment & Finance Company, Gujarat State Fertilisers & Chemicals, Multi Commodity Exchange of India and Mangalore Refinery & Petrochemicals.

Most of the stocks in the list are trading up in green, gaining anywhere between 0.26% to 3%. Berger Paints and Bajaj Finserv are trading flat; whereas, V-guard Industries, Raymond, Balrampur Chini Mills and Nestle India are all trading in red.