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Thursday, January 22, 2009

BSE discontinues F&O contracts in 6 stocks

The Bombay Stock Exchange on Wednesday said Futures and Options contracts on six underlaying stocks including Edelweiss Capital, Tata Tea and Parsvnath Developers will be discontinued.

The F&O contracts underlaying six scrips will be discontinued and derivatives contracts for April 2009 would not be introduced upon expiry of January 2009 contract, BSE said in a circular.

"No fresh contracts would be issued thereafter in respect of the above mentioned underlying scrips," it added.

The six scrips include -- KSK Energventures, Bajaj Holdings &
Investments , Edelweiss Capital, Arvind Ltd, Tata Tea and Parsvnath Developers.

However, the existing February and March 2009 contracts for the above stocks would continue to trade till they expire on the last Thursday of their respective months, the circular added.

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