iifl-logo

Invest wise with Expert advice

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

sidebar image

NSE Bans Trading on Five Stocks in F&O Segment Due to MWPL Crossing

5 Feb 2024 , 09:54 AM

On February 5, 2024, the National Stock Exchange (NSE) imposed a trade ban on five stocks in the futures and options (F&O) segment. Hindustan Copper, India Cements, Indus Towers, SAIL, and ZEE Entertainment Enterprises Ltd are the stocks placed under the F&O ban due to crossing 95% of the market-wide position limit (MWPL).

The securities were restricted under F&O as they exceeded 95% of the market-wide position limit (MWPL), as per the NSE guidelines. Despite the ban in the F&O segment, these stocks remain available for trading in the cash market.

The NSE stated that the derivative contracts of these securities surpassed the 95% MWPL, leading to the imposition of the ban period.

Any increase in open positions during the ban period will result in appropriate penal and disciplinary action, as per the NSE regulations. Fresh positions are not permitted for any of the F&O contracts associated with the specified stocks during the ban period imposed by the stock exchange.

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

 

Related Tags

  • Daily News
  • F&O ban
  • MWPL
  • news
  • NSE
  • shares
  • stocks
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More

Invest wise with Expert advice

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

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 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)

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.