The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are likely to introduce futures and options in about 15-20 new securities to begin with by January, even as the Securities and Exchange Board of India (Sebi) has given permission for derivatives trading in 500 stocks.
The likely candidates in the first phase of expansion of derivatives list after Sebi permission are Zee Telefilms, Wipro, HDFC, ICICI Bank, Hero Honda Motors, HCL Technologies, IPCL, IOC, Sun Pharmaceuticals, SCI, Glaxo SmithKline Beecham and NIIT.