April 22, 2009

The National Stock Exchange through a circular dated, 21 April, 2009, has excluded 50 securities from the futures and options segment. As per the release issued by the exchange, the following 50 stocks will not be available for trading on expiry of existing contract months - i.e April, May and June.

Otherwise stated, there will be no fresh contracts of July onwards for these 50 stocks. Major stocks to be excluded are - Alok Textiles, Arvind, Ballarpur Industries, Bata India, Gateway, GNFC, Jet Airways, MindTree, NDTV, Network 18, Reliance Industrial Infrastructure, S. Kumars, Strides Arcolab, TVS Motor, UTV Software and Wockhardt.

The exclusion is based on the stock selection/exclusion criteria as prescribed by SEBI vide circular SEBI/DNPD/CIR-31/2006/ dated September 22, 2006.