Seven stocks climb up to 4% on F&O inclusion

NEW DELHI: Counters of seven stocks witnessed heightened activity on Monday after the National Stock Exchange (NSE) announced their inclusion in the futures and options (F&O) segment with effect from February 26.

Drugmaker Granules India surged 4.08 per cent to hit a high of Rs 118.40 on NSE. PC Jeweller jumped 3.24 per cent in trade to hit a high of Rs 418.
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Textile company Indo Count Industries climbed 3 per cent to hit a 52-week high of Rs 1,254.

Tata group firm Tata Elxsi advanced 2.99 per cent to Rs 2,182. Smallcap technology company KPIT Technologies (up 2.95 per cent) and brewer United Spirits (up 1.95 per cent) were also trading higher.

Meanwhile, Cummins India was quoting 0.44 per cent down at Rs 962.95 rising as much as 1.3 per cent in early trade.

"The size of market lot, scheme of strikes and quantity freeze limit of the securities shall be informed to the members on February 25 through a separate circular," NSE said in a circular.

Stocks of the F&O segment do not attract circuit filters and generally see improvement in liquidity and participation from institutional investors.