NSE Puts Six Stocks Under F&O Ban on September 6, 2023

6 Sep 2023 , 10:12 AM

The National Stock Exchange (NSE) has imposed a trading ban on six specific stocks in the futures and options (F&O) segment for September 6, 2023. The ban was enforced because these stocks crossed the 95% market-wide position limit (MWPL) set by the NSE for F&O trading. Importantly, these stocks will continue to be available for trading in the cash market.

List of Stocks Under F&O Ban:

• Bharat Heavy Electricals Limited (BHEL)
• India Cements
• Delta Corp
• Hindustan Copper
• Balrampur Chini Mills Limited
• Indiabulls Housing Finance

The NSE regularly reviews and updates the list of securities subject to the F&O ban to maintain market stability. Traders and investors are only allowed to trade in derivative contracts for these stocks to reduce existing positions by offsetting them during the ban period.

Attempting to increase open positions during this time will lead to penalties and disciplinary actions. No fresh positions can be initiated in derivative contracts related to these stocks during the F&O ban period, as per regulatory guidelines.

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