Tuesday, April 6, 2010

New Additions in F&O doing well


NSE circular NSE/F&O/029/2009 dated April 21, 2009 and approval received from SEBI, members are hereby notified that the following 11additional securities will be available for trading in F&O with effect from February 19, 2010: http://www.nseindia.com/content/circulars/faop14115.pdf
Previous post read: "ADANIENT, APOLLOTYRE, AREVAT&D, BGRENERGY, FORTIS, GODREJIND, VIDEOIND, JAIN IRRIGATION, MCLEODRUSS, MUNDRAPORT and ONMOBILE are the stocks which would be added and Traders can benefit in short term as more liquidity will be created in these stock and 8-10% gains possible in select stockshttp://akprabhakar.blogspot.com/2010/02/11-stocks-to-be-added-in-futures-and.html


Many stocks have risen even more than 8% so this is an update on the same.
ONMOBILE still looking good for Rs 450/470


This is an update on what actually took place in those stocks after being added in Derivatives:

S.No
Symbol
Price @ Addition (Rs)
CMP (Rs)
% Rise after addition
1
ADANIENT
518.65
483.90
-6.7
2
APOLLOTYRE
58.75
73
+24.25
3
AREVAT&D
281.80
308.70
+9.6
4
BGRENERGY
512.60
554.70
+8.4
5
FORTIS
156.25
173.45
+10.9
6
GODREJIND
160.35
153.55
-4.3
7
JISLJALEQS
860.35
1036.05
+20.4
8
MCLEODRUSS
240.15
260
+8.3
9
MUNDRAPORT
682.10
742.45
+8.8
10
ONMOBILE
406.15
420.50
+3.4
11
VIDEOIND
238.10
242.25
+1.7