Shares of Jio Financial Services jumped 6.5 per cent to Rs 318.8 in Thursday’s trade on the BSE following the National Stock Exchange’s (NSE) announcement to introduce 45 more stocks in its contracts segment futures and options (F&O).

The update, effective from November 29, includes notable names such as Zomato, DMart, BSE, YES Bank, Paytm LIC and Jio Financial.

Some of the other stocks include Adani Energy, Adani Green Energy, Angel One, Adani Total Gas, Bank of India, CDSL, Cyient, Delhivery, Hudco, Nykaa, KPIT Technologies, Oil India, Tata Elxsi, Tube Investments, PB Fintech, JSW. Energy, Jindal stainless.

NSE ensures that only stocks with high liquidity are eligible for inclusion in the F&O segment. Additionally, the exchange looks for stocks that maintain a minimum threshold of average daily turnover and do not exhibit excessive price fluctuations, creating a more stable environment for derivatives trading.

The F&O segment allows investors to trade derivatives based on the underlying value of a stock, allowing them to take advantage of positions with relatively low capital requirements.

At 10:32 am, shares of Jio Financial Services were trading 5.7 per cent higher at Rs 316.6 on the BSE. However, they have decreased by more than 10% in the last six months. In Q2FY25, Jio Financial Services reported a 3% rise in net profit at Rs 689 crore, compared to Rs 668 crore recorded last year. Operational revenue during the reported quarter stood at Rs 693.50 crore, up 14 per cent from Rs 608.04 crore posted by the company during the corresponding quarter of the previous fiscal.Read also: India in multi-year bull market despite slowdown and FII outflows

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