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Tuesday, June 23, 2009

BSE to halt trading in derivatives of seven firms

The companies are Dr Reddy's Laboratories, Ambuja Cements, Ashok Leyland, Tata Chemicals, Indian Oil Corporation, Canara Bank and Petronet LNG Ltd, the BSE said in a circular.

"Derivatives contracts for the far month, ie., September 2009 and onwards would not be introduced upon expiry of June 2009 contracts ie on June 25, 2009," the circular said.

Existing contract months - July and August - would, however, continue to trade till they expire on the last Thursday of their respective expiry months, it added.

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