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Share prices of four out of five new entrants to the future and options (F&O) segment are trading higher by up to 4% in otherwise weak market. Addition to the F&O segment increases trader interest and boost liquidity in a stock.
Motherson Sumi Systems, Eicher Motors, TVS Motor Company and MindTree are up 1-4% on the National Stock Exchange (NSE) even as the Nifty traded 0.4% lower. SKS Microfinance however down 1% at Rs 335 at 1020 hours.
On Monday, the NSE through a circular said that F&O contracts on Eicher Motors, Motherson Sumi, SKS Microfinance, Mindtree and TVS Motor would be available starting September 10, 2014.
Among the individual stocks, Motherson Sumi Systems has rallied 4% to Rs 407 on NSE. The stock opened at Rs 393 and touched a record high of Rs 415 in intra-day deal today.
Shares of Eicher Motors are up 3% to Rs 11,263 after hitting high of Rs 11,374. TVS Motor Company is up 1.5% to Rs 227, followed by MindTree up less than 1% at Rs 1,153.
Motherson Sumi Systems, Eicher Motors, TVS Motor Company and MindTree are up 1-4% on the National Stock Exchange (NSE) even as the Nifty traded 0.4% lower. SKS Microfinance however down 1% at Rs 335 at 1020 hours.
On Monday, the NSE through a circular said that F&O contracts on Eicher Motors, Motherson Sumi, SKS Microfinance, Mindtree and TVS Motor would be available starting September 10, 2014.
Among the individual stocks, Motherson Sumi Systems has rallied 4% to Rs 407 on NSE. The stock opened at Rs 393 and touched a record high of Rs 415 in intra-day deal today.
Shares of Eicher Motors are up 3% to Rs 11,263 after hitting high of Rs 11,374. TVS Motor Company is up 1.5% to Rs 227, followed by MindTree up less than 1% at Rs 1,153.
