Thursday, August 14, 2008

NSE adds 39 scrips for F&O trading


ECONOMIC TIMES
The inclusion of 39 scrips for trade in the futures and options by the National Stock Exchange with effect from August 21 sparked a sharp rally in their share prices Wednesday even as the rest of the market remained subdued tracking weak global cues. The likes of ABG Shipyard (10.62%), GTL Infrastructure (6.66%), SREI Infrastructure Finance (7.17%), GVK Power and Infrastructure (7.22%), UCO Bank (7.69%) and Akruti City (6%) notched up significant gains. Indiabulls Real Estate (3.6%), PTC India (4.97%), Sintex Industries (3.96%), Asian Paints (2.72%), TV18 India (1.32%) and Thermax (1.53%) are also part of the list. These scrips, being components of the second rung universe, sent the BSE Midcap and Smallcap indices up 0.97 per cent and 0.49 per cent higher. On the other hand, the Bombay Stock Exchange's Sensex was down 0.15 per cent at 15,189.96 and National Stock Exchange's Nifty shed 0.34 per cent to 4536.90.

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