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Three stocks gain ahead of F&O entry

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Capital Market
Last Updated : Sep 30 2013 | 11:55 PM IST

Three stocks that will enter NSE's futures & options segment from 3 October 2013, rose by 1.72% to 3.10% at 9:52 IST on BSE.

GlaxoSmithkline Consumer Healthcare (up 3.10%), United Breweries (up 2.51%) and Glenmark Pharmaceuticals (up 1.72%), edged higher.

The BSE Sensex was down 177.06 points, or 0.90% at 19,550.21.

The National Stock Exchange of India (NSE) said it would include Glenmark Pharmaceuticals, GlaxoSmithkline Consumer Healthcare and United Breweries in the futures and options (F&O) segment from Thursday, 3 October 2013.

Typically, stocks that enter the F&O segment gain ground due to absence of circuit filters and increase in institutional participation due to improved liquidity.

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First Published: Sep 30 2013 | 9:53 AM IST

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