Research Icon: 27th july 34 stocks exiting F&O segment today collapsed in a heap in 2019; what should you do?

Most of the companies have high debt and are facing structural issues, hence, investors should avoid catching the falling knife even at current levels, suggest experts

On June 28, 34 stocks will no longer be part of futures and options (F&O) segment on the NSE. The exchange, in a notification in April, had said that it would not issue F&O contracts for these stocks once June series expires.

These stocks include Reliance Power, Jet Airways, Jain Irrigation, PC Jeweller, IRB Infrastructure, CG Power, CEAT, Ajanta Pharma, IDFC, Kaveri Seed Company, South Indian Bank and Godrej Industries, among others.Since their exit from the F&O segment was notified, i.e. April 22, only seven of these 34 stocks have delivered positive returns. Year-to-date, just four of these stocks have given a positive return.

Though NSE's decision may not have been a cause of their journey in the red, these stocks certainly extended their losses after the notification was released.Timely action would have saved investors from any incremental losses seen in almost 90 percent of these stocks.Table: Returns of 34 stocks that will be excluded from F&O segment from July series.

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