F&O Ban List: 11 Stocks Restricted on January 8

8 Jan 2024 , 11:05 AM

F&O ban list on Monday, January 8, includes eleven stocks. Stocks under the ban: Balrampur Chini, Chambal Fertilizers, Delta Corp, Escorts Kubota, GNFC, IEX, The India Cements, National Aluminium Company, Piramal Enterprises, SAIL, and ZEEL.

F&O contracts enter the ban period when open interest (OI) surpasses 95% of market-wide positions limits (MWPL). The ban is lifted only when open interest falls below 80%.

While these stocks are restricted from trading in the F&O segment, they remain available for trading in the cash market.

The NSE regularly updates the list of securities under the F&O ban on a daily basis.

The NSE emphasized that market participants should only engage in derivative contracts for the specified securities to reduce their positions through offsetting actions.

Any attempt to increase open positions during the ban period will result in appropriate penal and disciplinary action, as stated by the NSE.

During the F&O ban period, no new positions are permitted for any F&O contracts associated with the affected stocks, in accordance with stock exchange regulations.
 

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