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BSE revises derivatives contract lot sizes

Contract lots changed for 37 scrips

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Sachin P Mampatta Mumbai
The BSE, on Monday, has revised lot sizes of about three dozen stocks in the F&O (futures & options) list. In a notice out up on its website, BSE issued an annexure with names of stocks where the lots sizes have been changed along with the upward or downward revision in the lot sizes. The annexure also contains names of stocks where the lot sizes have remained unchanged.

As per Sebi guidelines issued in 2012, exchanges are required to periodically revise lot sizes for stocks which qualify for derivatives contracts. According to the annexure, lot sizes for 34 stocks have been revised downwards. Prominent among this list of stocks are Maruti, L&T, Steel Authority of India (SAIL), Power Grid, IndusInd Bank, IDFC, Tata Power and HDFC among others.
 

Lot sizes have been increased for only three stocks – Unitech, JP Power and Cipla.

For 99 stocks, the lost sizes will continue to remain the same. Stocks like Adani Powr, IDBI Bank, Ambuja Cement, BHEL, Tata Steel, Yes Bank are some of the stocks which fall under this list.

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First Published: Apr 01 2014 | 9:56 AM IST

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