NSE to Launch Futures & Options for Six New Securities on January 31, 2025

The National Stock Exchange of India Ltd (NSE) announced on Tuesday, January 7, 2025, that it will introduce futures and options (F&O) contracts for six additional securities starting January 31, 2025. This move is part of NSE’s strategy to enhance the breadth of its derivatives offerings, aligning with the stock selection guidelines set by the Securities and Exchange Board of India (SEBI) in its circular dated August 30, 2024.
New Securities Added
The six securities that will now have F&O contracts are:
- Castrol India Ltd
- Gland Pharma Ltd
- NBCC (India) Ltd
- The Phoenix Mills Ltd
- Solar Industries India Ltd
- Torrent Power Ltd
Regulatory Compliance
The introduction of these securities follows SEBI’s regulatory framework, which ensures that only eligible and liquid stocks are included in the F&O segment. This ensures better risk management and liquidity in the derivatives market.
Earlier Additions and Removals in the F&O Segment
Removal of 16 Securities
NSE recently announced the removal of F&O contracts for 16 securities. Starting February 28, 2025, no new expiry contracts will be introduced for these securities. This step is aimed at consolidating trading activity in actively traded securities.
Affected Securities Include:
- Abbott India
- Atul Ltd
- Bata India
- Can Fin Homes
- Coromandel International
- City Union Bank
- Gujarat Narmada Valley Fertilizers & Chemicals
- IndiaMART InterMESH
- Ipca Laboratories
- Dr. Lal PathLabs
- Metropolis Healthcare
- Navin Fluorine International
- PVR INOX
- Sun TV Network
- United Breweries
November 2024 Additions
In November 2024, the NSE expanded its F&O segment by adding 45 new companies. Notable entrants included:
- Adani Energy Solutions Ltd
- Adani Green Energy
- Adani Total Gas Ltd
- BSE Ltd
- JSW Energy Ltd
- FSN E-Commerce Ventures Ltd (Nykaa)
- Zomato Ltd
Modifications to F&O Expiry Schedule
As part of its recent updates, the NSE revised the monthly expiry schedule for certain indices effective January 1, 2025:
- Nifty Bank: Monthly and quarterly contracts will expire on the last Wednesday of the month.
- FinNifty: Contracts expire on Tuesdays.
- Nifty Midcap Select: Contracts expire on Mondays.
- Nifty Next50: Contracts expire on Fridays.
The revisions aim to streamline expiry cycles, improve market participation, and reduce overlapping expirations.
Market Implications
The addition of new securities and adjustments to F&O expiry dates demonstrate NSE’s proactive approach to enhancing market efficiency and meeting the evolving needs of traders. These changes are expected to:
- Increase liquidity in the derivatives segment.
- Provide traders and investors with more diverse hedging and speculative opportunities.
- Align NSE’s offerings with global best practices.
Market participants are advised to update their strategies and systems in line with the new changes.