NSE Includes Swiggy, Bajaj Holdings, Waaree Energies, Premier Energies in F&O Segment

The National Stock Exchange on Thursday announced the inclusion of four new securities into the futures & options segment, with effect from December 31, 2025. The securities that will be open for trading in the derivatives market are Bajaj Holdings And Investment Ltd., Waaree Energies Ltd., Premier Energies Ltd., and Swiggy Ltd.

Eligibility Criteria for F&O Segment

In August last year, the Securities and Exchange Board of India came up with several changes to its criteria for the inclusion and removal of stocks from the derivatives segment. Under the revised rules, the median quarter sigma order size for stocks has been increased from Rs 25 lakh to Rs 75 lakh. MQSOS, a metric that measures a stock’s liquidity, now requires a higher threshold, making it more difficult for stocks to be manipulated.

Additionally, the minimum market-wide position limit has been tripled from Rs 500 crore to Rs 1,500 crore, and the minimum average daily delivery value has been raised 3.5 times from Rs 10 crore to Rs 35 crore. Stocks that meet these revised criteria based on their performance in the cash market over a rolling six-month period will be eligible for entry into the derivatives segment.

Impact on Indian Stock Market

The inclusion of these four securities into the F&O segment is expected to increase the liquidity and trading activity in the Indian stock market. The Nifty MidCap 150 index and the Nifty 100 gauge are also expected to be impacted by this development. Waaree Energies Ltd., Premier Energies Ltd., and Swiggy Ltd. are part of the Nifty MidCap 150 index, while Bajaj Holdings And Investment Ltd. is part of the large-cap Nifty 100 gauge.

Market Lot and Scheme of Strikes

The market lot and scheme of strikes of these securities will be informed to members on December 30, according to a circular issued by the NSE. The details of the applicable quantity freeze will be available in the contract file, which will be applicable for trading from December 31.

Removal of Stocks from F&O Segment

Stocks that fail to meet the criteria for three consecutive months will be removed from the derivatives segment, although existing contracts will remain valid until their expiry. Once a stock is removed from the derivatives segment, it cannot be reintroduced for a year from the date it was last traded in this segment.

Conclusion

The inclusion of Swiggy Ltd., Bajaj Holdings And Investment Ltd., Waaree Energies Ltd., and Premier Energies Ltd. in the F&O segment is a significant development in the Indian stock market. It is expected to increase the liquidity and trading activity in the market, and will also provide more opportunities for investors to trade in the derivatives segment. For more information on the Indian stock market and the F&O segment, please visit our website.