Future Retail sulks on F&O explusion
By
Research Desk
about 11 years ago
Future Retail leads the top loser gang on the BSE, presently down 5% at Rs.75.25, its current intra day low. Its 52-week low is at Rs.63.30.
The stock is down after the NSE announced that it would be excluding the stock from its F&O segment. The NSE has stated that the existing unexpired contracts of expiry months November 2013, December 2013 and January 2014 would continue to be available for trading till their respective expiry and new strikes would also be introduced in the existing contract months. Accordingly, no contracts shall be available for trading in the above mentioned security with effect from January 31, 2014.