
On October 8, the National Stock Exchange (NSE) placed nine stocks under a trading ban in the Futures and Options (F&O) segment. These stocks exceeded 95% of the Market-Wide Position Limit (MWPL), triggering the restriction.
The stocks in the F&O ban list are Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, IDFC FIRST Bank, Manappuram Finance, PNB, and RBL Bank.
Despite the ban in the F&O segment, these stocks remain available for trading in the cash market. The NSE updates its F&O ban list daily, depending on the MWPL status.
The exchange clarified that traders are only allowed to reduce positions in these securities, and any increase in open positions will lead to penalties or disciplinary action. New positions in the F&O contracts of these stocks are prohibited during the ban period. The move is aimed at maintaining market discipline and ensuring that trading activity stays within regulatory limits.
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