Jio Financial Services' shares saw a significant surge of 6.5%, reaching Rs 318.8 on the Bombay Stock Exchange (BSE) in Thursday’s trading session. This rise followed the announcement by the National Stock Exchange (NSE) that it would be including 45 additional stocks in its futures and options (F&O) segment, effective from November 29.
The F&O segment is typically reserved for highly liquid stocks, and the inclusion of Jio Financial Services signals increased investor confidence in the company’s market stability.
The NSE’s criteria for inclusion in the F&O segment are strict. Only stocks with high liquidity and a stable track record of price movements are eligible. Additionally, these stocks must meet a minimum threshold for average daily turnover, ensuring that they are actively traded and capable of supporting derivatives transactions.
This careful selection process aims to create a more secure and predictable environment for derivatives trading.
Other notable companies included in the F&O expansion are Zomato, DMart, BSE, YES Bank, Paytm, LIC, and Adani group companies such as Adani Energy, Adani Green Energy, and Adani Total Gas.
Also added are stocks from companies like Bank of India, CDSL, Cyient, Delhivery, Nykaa, KPIT Technologies, Oil India, Tata Elxsi, and Tube Investments, among others. These additions reflect the growing diversity of the stocks eligible for F&O trading on the NSE.
The inclusion in the F&O segment allows investors to trade in derivatives based on the underlying value of the selected stocks.
This trading mechanism enables investors to leverage their positions with relatively lower capital requirements, which can potentially amplify returns, though it also carries higher risk.
As of 10:32 AM, Jio Financial Services’ shares were trading 5.7% higher at Rs 316.6 on the BSE. However, the stock has seen a decline of over 10% in the last six months.
Despite this recent drop, the company’s Q2 FY25 results showed positive growth. Jio Financial Services reported a 3% increase in its net profit, which rose to Rs 689 crore from Rs 668 crore in the same quarter last year. The company also saw a 14% year-on-year increase in revenue, which amounted to Rs 693.50 crore, up from Rs 608.04 crore in Q2 FY24.
