Sebi Clears Five More Stocks For BSEs F&O Segment

Mumbai, July 30: | Updated: Jul 31 2003, 05:30am hrs
The Securities and Exchange Board of India (Sebi) has cleared five additional securities in the derivatives segment of the Stock Exchange, Mumbai (BSE). With these inclusion, the total number of companies whose stocks are allowed to be traded in the futures and options (F&O) segment of BSE will go up to 34.

The five new stocks included in the list are; Union Bank of India (UBI), Punjab National Bank (PNB), Canara Bank, Bank of Baroda (BoB) and Bharat Heavy Electricals Ltd (Bhel). The five new securities will be permitted to trade on the F&O segment from August 1, 2003. While, on the National Stock Exchange (NSE), the number of stocks available for trading in the derivatives segment is 41.