29 Nov 2023 , 11:00 AM
Four stocks, including Balrampur Chini Mills, BHEL, Granules India Limited, and Indiabulls Housing Finance, face trade bans in the F&O segment on November 29, 2023. NSE imposes the ban as these securities exceed 95% of the market-wide position limit (MWPL).
Despite the F&O ban, the stocks remain available for trading in the cash market. NSE regularly updates the list of securities under F&O trade bans.
Derivative contracts in these securities, crossing 95% of MWPL, lead to the current ban period.
NSE instructs all clients/members to trade in derivative contracts only for decreasing positions through offsetting.
Any increase in open positions will result in appropriate penal and disciplinary action. During the F&O ban period, stock exchanges prohibit the initiation of fresh positions for any F&O contracts related to the specified stocks.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
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)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.