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stocks of Sintex Industries and NIIT technologies won on Wednesday after country wide stock changedetermined to consist of both the shares for trading within the futures and options phase with effectfrom July 1.
Sintex Industries surged as tons as 9 in step with cent, while NIIT Tech stocks rose nearly 4 consistent with cent.
Inclusion in the spinoff segment will cause better volume and liquidity in those stocks, buyers stated. The shares will appeal to greater hobby from arbitrageurs, who may be capable of capture the differencein pricing of the stocks in coins and derivative segments.
Sintex shares closed 5.86 in step with cent higher at Rs 80.40, while NIIT Tech stocks ended 2.05 in keeping with cent decrease at Rs 555. In comparison, the wider Nifty won 1.2 in keeping with cent.
tale first posted on: June 15, 2016 10:07 (IST)
Tags: Sintex Industries shares, NIIT technologies, NIIT technology stocks, NSE F&O segement