NSE F&O Ban List: Key Implications for traders

15 Feb 2024 , 10:22 AM

The following companies have been placed on the National Stock Exchange's futures and options (F&O) ban list for trading: Hindustan Copper (101.32%), Indus Towers (101.01%), Bandhan Bank (95.94%), Zed Entertainment (94.25%), Aditya Birla Fashion and Retail (90.41%), India Cements (88.48%), Delta Corp (85.69%), Balrampur Chini Mills (85.16%), Steel Authority of India (84.08%), Ashok Leyland (83.86%), Biocon (82.47%), Aurobindo Pharma (81.67%), PNB (81.34%) and Nalco (80.49%). 

Since these stocks have over 95% of the market-wide position limit (MWPL), they are not allowed in the F&O sector. Only when the open interest drops below 80% does the ban get lifted.

Since their MWPL is getting close to 80 %, Steel Authority of India (84.08%), Ashok Leyland (83.86%), Biocon (82.47 %), Aurobindo Pharma (81.67%), PNB (81.3%), and Nalco (80.49%) may be taken off the prohibited list.

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