Bandhan Bank, HDFC Life Insurance, Info Edge gain on inclusion in F&O segment

Shares of Bandhan Bank, HDFC Life Insurance and Info Edge traded in the green in Tuesday’s early trade after the National Stock Exchange (NSE) on Monday said these counters will be added in the derivatives segment (Futures and Options contracts) from March series.

In a circular, NSE said the futures and options contracts on Bandhan Bank, HDFC Life Insurance and Info Edge would be available for trading with effect from February 28.

The market lot, scheme of strikes and quantity freeze limit of the mentioned securities shall be informed to market players on February 27, it added.

Typically a stock, the value of its trades and activity patterns are monitored for about six months before getting added to the F&O list.

Bandhan Bank was up 1.47 per cent at Rs 414.25 at around 10.40 am, while HDFC Life Insurance traded 2.61 per cent up at Rs 575.45. Shares of Info Edge were up 0.59 per cent at Rs 2,725 at around the same time, while the benchmark NSE Nifty index was almost flat at 11,829.