NSE and BSE to exclude F&O contracts on Tata Motors, 3 others

New Delhi: Leading stock exchanges NSE and BSE have decided to exclude as many as four securities including Tata Motors and NBCC (India) from future and options trading from January 31 next year.

Other two stocks to be excluded are Dish TV India and Castrol India, the bourses said in separate circulars.

The move is expected to protect market participants from huge single-day swings.

"The existing unexpired contracts of expiry months November 2019, December 2019 and January 2020 shall be available for trading till their respective expiry and new strikes shall also be introduced in the existing contract months," the exchanges

said.