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Three stocks gain after F&O entry

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Capital Market

Three stocks that entered NSE's futures & options segment from today, 3 October 2013, rose by 0.19% to 2.20% at 14:13 IST on BSE.

United Breweries (up 2.20%), GlaxoSmithkline Consumer Healthcare (up 2.07%) and Glenmark Pharmaceuticals (up 0.19%), edged higher.

The BSE Sensex was up 318.27 points, or 1.63% at 19,835.42.

The National Stock Exchange of India (NSE) included Glenmark Pharmaceuticals, GlaxoSmithkline Consumer Healthcare and United Breweries in the futures and options (F&O) segment from today, 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: Oct 03 2013 | 2:19 PM IST

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