The National Stock Exchange (NSE) has excluded Akruti City from its futures and options (F&O) segment. In a circular to its members, the exchange said that fresh monthly contracts will not be introduced in Akruti for the expiry month of June 2009 after expiration of March 2009 contracts.
Accordingly, no F&O contract will be available for trading in Akruti from March 27 onwards. “However, the security will continue to be traded in the cash market,” NSE said in the circular.