7 Feb 2024 , 10:40 AM
Seven stocks are under the ban for trade on February 7, 2024, in the futures and options (F&O) segment on the National Stock Exchange (NSE). The ban is imposed as these securities crossed 95% of the market-wide position limit (MWPL), according to NSE regulations.
The affected stocks include Ashok Leyland, Hindustan Copper, India Cements, Indus Towers, National Aluminium Company, UPL, and ZEE Entertainment Enterprises.
Despite the F&O ban, these stocks will remain available for trading in the cash market. The NSE updates the F&O ban list regularly, and the ban is placed when derivative contracts cross the 95% MWPL threshold.
Any increase in open positions during the ban period will result in appropriate penal and disciplinary action, as stated by NSE regulations.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services 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)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.