On January 12, 2024, the National Stock Exchange (NSE) imposed a ban on trading thirteen stocks in the futures and options (F&O) segment due to crossing 95% of the market-wide position limit (MWPL).
The banned stocks include Bandhan Bank, BHEL, Delta Corp, Escorts, Hindustan Copper, India Cements, Indus Towers, National Aluminium Company, Piramal Enterprises Limited, Polycab, PVR INOX, SAIL, and ZEEL.
Despite the F&O ban, these stocks will remain available for trading in the cash market.
The NSE updates the F&O ban list daily, and the ban is applicable to derivative contracts that have exceeded 95% of the MWPL.
Traders and members are advised to only trade in the derivative contracts of the banned securities to decrease their positions through offsetting positions. Any increase in open positions may result in penal and disciplinary action.
No fresh positions are permitted in the F&O contracts of the affected stocks during the ban period imposed by the stock exchanges.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
