F&O ban list: The National Stock Exchange (NSE) banned trading in sixteen stocks on Tuesday, October 22, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL).
However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in the F&O ban for trade every day.
F&O ban list today
Aarti Industries, Bandhan Bank, Birlasoft, Chambal Fertilisers and Chemicals, GNFC, Granules India, Hindustan Copper, IDFC First Bank, India Energy Exchange, Indiamart Intermesh, L&T Finance, Manappuram Finance, Piramal Enterprises, PNB, RBL Bank, and SAIL are the sixteen stocks on the NSE’s F&O ban list on October 22.
The NSE said the derivative contracts in these securities crossed 95% of the market-wide position limit and have been placed in the stock exchange’s ban period.
“All clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action,” the NSE statement said.
No new positions are allowed when the stock exchanges place F&O contracts in a particular stock in the ban period.
On October 21, erasing initial gains, benchmark indices Sensex and Nifty closed lower on Monday due to profit booking at higher levels and relentless foreign fund outflows.
The 30-share Sensex declined by 73.48 points or 0.09 per cent to settle at 81,151.27 with 21 of its constituents ending lower and nine closing higher. The barometer shot up 545 points at the opening but succumbed to selling pressure later and hit a low of 80,811.23. The index gyrated 958.79 points between the day’s high and the low level.
The NSE Nifty dipped 72.95 points or 0.29 per cent to 24,781.10.
The BSE midcap gauge declined by 1.63 per cent and smallcap index went lower by 1.51 per cent.