iifl-logo

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

sidebar image

Stocks under F&O ban on July 16, 2024

16 Jul 2024 , 10:51 AM

On Tuesday, July 16, 2024, the National Stock Exchange (NSE) implemented a ban on trading in the futures and options (F&O) segment for eight specific stocks.

These stocks exceeded 95% of the market-wide position limit (MWPL), which triggered the ban. Despite the ban in the F&O segment, these stocks remain available for trading in the cash market.

The NSE updates the list of securities under the F&O ban daily, reflecting any changes in trading activity.

The eight stocks subject to the F&O ban on July 16 are:

  • Aditya Birla Fashion and Retail
  • Chambal Fertilisers and Chemicals
  • GMR Infra
  • GNFC
  • Hindustan Copper
  • India Cements
  • Indus Towers
  • RBL Bank

These stocks were placed in the ban period because their derivative contracts crossed the 95% threshold of the MWPL. During the ban period, clients and members are only allowed to trade in the derivative contracts of the banned securities to reduce their positions through offsetting trades.

Any attempt to increase open positions in these stocks during the ban period will result in appropriate penal and disciplinary actions. The ban means no new positions can be initiated in the F&O contracts for the stocks under the ban.

Related Tags

  • futures and options
  • Futures and Options ban
  • Stocks under F&O ban
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

Knowledge Center
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Capital Services Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Loading...

Follow us on

facebooktwitterrssyoutubeinstagramlinkedintelegram

2025, IIFL Capital Services Ltd. All Rights Reserved

ATTENTION INVESTORS

RISK DISCLOSURE ON DERIVATIVES

Copyright © IIFL Capital Services Limited (Formerly known as IIFL Securities Ltd). All rights Reserved.

IIFL Securities Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

ISO certification icon
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.