Street signs: Focus on nine F&O stocks, Coal India’s m-cap, and more

Focus on nine F&O stocks

The Securities and Exchange Board of India’s (Sebi’s) move to tighten the norms for derivatives trading has placed the spotlight on nine stocks in the derivatives segment. Analysts say Adani Enterprises, Indiabulls Housing Finance, Vodafone Idea, Jindal Steel, Just Dial, NCC, Punjab National Bank, PVR, and YES Bank will enter the “ban period”, where fresh positions will be barred and only unwinding of existing positions will be allowed. Further, there are over a dozen other companies which could be on the verge of entering the “ban period”. “While one cannot say for sure if these stocks will correct or rally. However, one can expect frenetic activity as traders align themselves to the new rules,” said an analyst. Samie Modak