NSE announces 46 stocks for physical settlement

MUMBAI: The National Stock Exchange of India on Monday announced a list of 46 stocks which are liable to be physically settled. These include Adani Power, Can Fin Homes, IDBI Bank, Jaiprakash Associates, Godrej Industries, Just Dial, Oil India and PVR.

Other stocks include United Breweries, Reliance Communications, IFCI and Allahabad Bank. NSE said all new expiry month contracts issued in these securities after expiry of the April contracts, i.e. July expiry onwards, will be physically settled.

The exchange said that the existing unexpired contracts of expiry months April 2018, May 2018 and June 2018 and new strikes introduced in such contracts would continue to be available for trading till their respective expiry under the cash settlement mode.