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IVRCL falls after F&O exclusion on NSE

NSE said trading in futures and options (F&O) contracts of IVRCL would not be available from June 28.

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SI Reporter Mumbai
Last Updated : Apr 22 2013 | 10:38 AM IST
IVRCL is trading lower by 3% at Rs 19.90 after the National Stock Exchange (NSE) excluded the infrastructure major from its derivative segment.

In a circular issued on Thursday, the NSE said trading in futures and options (F&O) contracts of IVRCL would not be available from June 28.

"However, the existing unexpired contracts for April, May and June 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.

The stock opened at Rs 20.35 and has touched a low of Rs 19.85 so far. A combined 2.87 million shares changed hands on the counter till 1033 hours on NSE and BSE.

 

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First Published: Apr 22 2013 | 10:33 AM IST

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