Bandhan Bank, HDFC Life, Info Edge stocks gain on inclusion in F&O segment

Bandhan Bank, HDFC Life Insurance Company and Info Edge (India) have been added to the futures and options (F&O) segment from the March 2020 series.

Feb 25, 2020 05:02 IST India Infoline News Service

Businessman showing growing charts
Bandhan Bank, HDFC Life Insurance Company and Info Edge (India) have been added to the futures and options (F&O) segment from the March 2020 series. Additionally, the stock, the value of its trades and activity patterns are monitored for about six months before getting added to the F&O list.

In a circular issued Monday, NSE said the futures and options contracts on the above-mentioned securities would be available for trading w.e.f. February 28, 2020.

The market lot, the scheme of strikes and quantity freeze limit of the above-mentioned securities shall be informed to market players on February 27, 2020, the NSE circular added.

Stock view:
Bandhan Bank Ltd is currently trading at Rs413.10, up by Rs4.55 or 1.11% from its previous closing of Rs408.55 on the BSE. The scrip opened at Rs417 and has touched a high and low of Rs425.40 and Rs412 respectively.

HDFC Life Insurance Company Ltd
is currently trading at Rs576.80, up by Rs16 or 2.85% from its previous closing of Rs560.80 on the BSE. The scrip opened at Rs571 and has touched a high and low of Rs582 and Rs570.05 respectively.

Info Edge (India) Ltd is currently trading at Rs2,720, up by Rs8.25 or 0.3% from its previous closing of Rs2,711.75 on the BSE. The scrip opened at Rs2,759.90 and has touched a high and low of Rs2,808.95 and Rs2,717.55 respectively.

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