Shares of five new F&O entrants gain

Share prices of five new entrants to the futures and options (F&O) segment gained as much as 3 per cent today.
Stocks of TVS Motor Company gained 2.73 per cent, while Motherson Sumi Systems rose by 1.79 per cent on the NSE.
Mindtree was up 0.43 per cent, SKS Micro Finance (0.71 per cent).
Eicher Motors ended flat down 0.13 per cent.
Leading bourse National Stock Exchange (NSE) yesterday said it will introduce five companies, including SKS Micro finance and TVS Motor Company, in the future and option segment from Wednesday.
Besides, Eicher Motors, Motherson Sumi Systems and Mindtree would also become part of the derivative segment.

"...Futures and options (F&O) contracts on these five additional securities would be available for trading with effect from September 10, 2014," NSE had said in a circular.
Currently, there are over 200 securities available in the F&O segment for trade.