April 22 (Bloomberg) -- India's National Stock Exchange Ltd. said it will remove Jet Airways (India) Ltd. and 49 other stocks from the derivatives section of the exchange following its regular review of the companies.
The securities will be removed effective May 4, the exchange said in a statement.
The existing unexpired contracts for April, May and June will continue to be available for trading until they expiry, and new strikes will also be introduced in these existing contract months, the exchange said in a circular posted on its Web site late yesterday.
Other stocks that will be excluded from the derivatives trading list include Wockhardt Ltd., NIIT Ltd., Rajesh Exports Ltd. and HCL Infosystems Ltd.
To contact the reporters on this story: Pooja Thakur in Mumbai at pthakur@bloomberg.net

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