F&O ban list: The National Stock Exchange (NSE) banned trading in four stocks on Tuesday, December10, in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL).
However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in the F&O ban for trade every day.
F&O ban list today
Granules India, Manappuram Finance, PVR Inox, and RBL Bank are the four stocks on the NSE’s F&O ban list on December10. The National Stock Exchange said the derivative contracts in these securities crossed 95% of the market-wide position limit and have been placed in the stock exchange’s ban period.
“All clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action,” the NSE statement said.
No new positions are allowed when the stock exchanges place F&O contracts in a particular stock in the ban period.
On December 9, equity benchmark indices Sensex and Nifty ended lower, dragged down by selling in blue-chip stocks Reliance Industries, Hindustan Unilever, and Axis Bank amid mixed global trends.
After oscillating between highs and lows during the day, the 30-share BSE Sensex declined 200.66 points or 0.25 per cent to settle at 81,508.46. During the day, it moved between a high of 81,783.28 and a low of 81,411.55.
The NSE Nifty dropped 58.80 points or 0.24 per cent to close at 24,619.
From the 30-share pack, Hindustan Unilever, Tata Motors, Axis Bank, Nestle India, Asian Paints, ITC, Reliance Industries, Mahindra & Mahindra, IndusInd Bank and State Bank of India were among the laggards.
Larsen & Toubro, Tata Steel, JSW Steel, HDFC Bank, Adani Ports, Kotak Mahindra Bank, Bharti Airtel and PowerGrid were among the gainers.
The BSE small-cap gauge climbed 0.46 per cent and mid-cap index gained 0.32 per cent.