Eleven stocks are banned from trading in the futures and options (F&O) segment by the National Stock Exchange (NSE) on Friday, May 24, 2024. These stocks exceeded 95% of the market-wide position limit (MWPL), triggering the ban under the F&O segment. Despite the ban in the F&O segment, these stocks remain tradable in the cash market.
The stocks under F&O ban are:
The NSE regularly updates the list of securities under the F&O ban. The derivative contracts for these stocks surpassed 95% of the MWPL, resulting in their inclusion in the ban period by the exchange.
According to the NSE, traders can only reduce their positions through offsetting trades while the ban is in effect. Any attempt to increase open positions in these securities during the ban period will attract penalties and disciplinary actions. Fresh positions are prohibited when a stock’s F&O contracts are placed under the ban period.
For feedback and suggestions, write to us at editorial@iifl.com
For opening a demat account click on: https://www.indiainfoline.com/
For doing stock trading & investments, go to: https://ttweb.indiainfoline.com/trade/Login.aspx
For loans, go to: https://www.iifl.com/
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2024, IIFL Securities Ltd. All Rights Reserved
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
