iifl-logo

Invest wise with Expert advice

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

sidebar image

Eight Stocks Face Trading Ban in NSE Futures & Options Segment on Sept 22

22 Sep 2023 , 10:03 AM

The National Stock Exchange (NSE) has placed eight stocks under a ban for trading on Friday, September 22, 2023, in the futures and options (F&O) segment. This ban is due to these stocks exceeding 95% of the market-wide position limit (MWPL), as per NSE rules. However, the affected stocks will still be available for trading in the cash market.

The eight stocks under this ban include Indiabulls Housing Finance, Balrampur Chini Mills, Zee Entertainment Enterprises Ltd (ZEEL), BHEL, Delta Corp, Hindustan Copper, Manappuram Finance, and Punjab National Bank (PNB). NSE regularly updates the list of securities in the F&O ban for trading each day.

During the ban period, traders and investors can only decrease their existing positions in the derivative contracts of these securities; opening new positions is not permitted. Violating these rules may lead to penalties and disciplinary actions by the NSE.

For feedback and suggestions, write to us at editorial@iifl.com
 

Related Tags

  • Daily News
  • F&O ban
  • news
  • NSE
  • NSE ban
  • stock market
  • stocks
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
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 Capital Services 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.