iifl-logo

Invest wise with Expert advice

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

sidebar image

NSE Imposes F&O Ban on Seven Stocks Over 95% Position Limit

18 Dec 2023 , 10:23 AM

Seven stocks banned from trading on Monday, December 18, 2023, in NSE’s futures and options (F&O) segment. Ban initiated due to securities exceeding 95% of the market-wide position limit (MWPL) set by NSE.

Banned stocks: Balrampur Chini Mills, Delta Corp, Manappuram Finance, Hindustan Copper, India Cements, SAIL, and ZEEL.

Despite the F&O ban, these stocks remain tradable in the cash market. NSE updates the F&O ban list daily based on derivative contracts crossing 95% of MWPL.

Clients/members allowed to trade in banned securities’ derivative contracts only to reduce positions through offsetting. Open position increase during the ban period attracts penal and disciplinary action.

No fresh positions are permitted for F&O contracts in banned stocks during the ban period.

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

Related Tags

  • Daily News
  • F&O ban
  • news
  • NSE
  • NSE ban
  • stock market
  • 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.