Zomato's Stock Price Spikes After F&O Inclusion Announcement

Zomato's stock price surged nearly 5% on November 14, 2024, after the company was included in the National Stock Exchange's (NSE) Futures and Options (F&O) segment.

The inclusion, effective from November 29, also includes other prominent stocks like DMart, Paytm, and Jio Financial. Zomato shares hit an intraday high of Rs 270.70, a rise of 4.76% from the previous close, and were trading at Rs 269.09 by 11 am, up 4.14%. F&O inclusion is often seen as a liquidity booster, attracting investor interest. Details on market lot sizes and strike prices will be shared on November 28.

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