Two state-owned state-owned company stocks are under the Futures & Options (F&O) ban list on the National Stock Exchange (NSE) on Thursday. These two stocks are Bharat Heavy Electricals Limited (BHEL) and Punjab National Bank (PNB).
Both the stocks have crossed 95% of the market-wide position limit.
BHEL crossed 95% of the market-wide position limit on February 08, while the PNB crossed the limit on February 09, 2022.
NSE in its statement highlighted that it is hereby informed that all clients/members shall trade in derivative contracts of PNB and BHEL by offsetting their existing positions till the open interest comes down to 80% of the market-wide position limit.
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