NSE to add 8 new stocks to futures list

 Arvind, BF Utilities, Gitanjali Gems, JSW Energy, Jubilant Foodworks, South IndianBank, TTK Prestige and VIP Industries– Stocks with relative higher valuations like Jubilant Foodworks, TTK Prestige and VIPIndustries to come under selling pressure – Recommend investors to book partial profit in short term in Jubilant Foodworks, TTKPrestige and VIP Industries

NSE had indicated to add 8 new stocks to futures list – Arvind, BF Utilities, Gitanjali Gems, JSW Energy, Jubilant Foodworks, South IndianBank, TTK Prestige and VIP Industries. However, the market lot and introduction date will be intimated later, through a separate circular.Post introduction of futures, I believe stocks with relative higher valuations like Jubilant Foodworks, TTK Prestige and VIP Industries tocome under selling pressure. We recommend investors to partially book profit in short term in Jubilant Foodworks, TTK Prestige andVIPIndustries.