The National Stock Exchange of India (NSE) announced on December 18, 2025, that futures and options contracts will be introduced for four companies—Swiggy, Waaree Energies, Premier Energies, and Bajaj Holdings and Investment Securities. These contracts will be available starting with the January derivatives series after the stocks met the eligibility requirements prescribed by the Securities and Exchange Board of India (SEBI).
F&O Trading to Commence on December 31
Futures and options trading in the shares of Swiggy, Waaree Energies, Premier Energies, and Bajaj Holdings and Investment Securities will begin from December 31, 2025. The exchange noted that details regarding market lot sizes and the structure of strike prices will be shared through a separate circular dated December 30. Information on quantity freeze limits will be included in the contract file applicable from the start of trading.
SEBI Norms for Inclusion in F&O Segment
Stocks are added to the derivatives segment based on SEBI-defined parameters such as average daily market capitalisation, average daily traded value, and a minimum market-wide position limit of ₹1,500 crore on a rolling basis. Other criteria include quarter-sigma values, a minimum median order size of ₹75 lakh over the previous six months, and an average daily deliverable value of at least ₹35 crore in the cash market during the same period.
Eligible stocks are shortlisted from the top 500 companies based on average daily market capitalisation and traded value over the preceding six-month rolling window.
Existing Derivatives Landscape
Currently, 208 stocks are available for trading in the NSE futures and options segment. In addition, derivatives trading is allowed on five indices: Nifty 50, Nifty Bank, Nifty Financial Services, Nifty Midcap Select, and Nifty Next 50.
Earlier, in October, the NSE announced the exclusion of Cyient, HFCL, NCC, and Titagarh Rail Systems from the F&O segment. Consequently, derivative contracts in these stocks will not be available for trading from December 31.
Summary
The NSE has approved the inclusion of Swiggy, Waaree Energies, Premier Energies, and Bajaj Holdings and Investment Securities in the F&O segment, with trading set to commence on December 31, 2025. The addition follows SEBI eligibility norms, while four stocks are being removed from the derivatives segment from the same date.
Disclaimer:
This article is intended solely for educational and informational purposes. The securities or companies mentioned are provided as examples and should not be considered as recommendations. Nothing contained herein constitutes personal financial advice or investment recommendations. Readers are advised to conduct their own research and consult a qualified financial advisor before making any investment decisions.
Investments in securities markets are subject to market risks. Please read all related documents carefully before investing.