F&O ban list: The National Stock Exchange (NSE) banned trading in ten stocks on Wednesday, July 11, 2024, 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
Aditya Birla Fashion and Retail, Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, GNFC, IEX, India Cements, Indus Towers, Piramal Enterprises, and RBL Bank are the ten stocks on the NSE’s F&O ban list for July 11.
The National Stock Exchange (NSE) 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 July 10, equity benchmark indices Sensex and Nifty buckled under heavy selling pressure and sank below record highs.
The 30-share BSE Sensex opened 129.72 points higher to hit a fresh all-time high of 80,481.36. However, the index soon tumbled 915.88 points or 1.13 per cent to trade at 79,435.76. It finally closed lower by 426.87 points or 0.53 per cent at 79,924.77.
The NSE Nifty also hit its record 24,461.05 in opening deals but pared all gains to decline 291.4 points or 1.19 per cent to 24,141.80 intra-day. It dropped 108.75 points or 0.45 per cent to settle at 24,324.45.
In the broader market, the BSE smallcap gauge declined 0.69 per cent, while the midcap index dipped 0.19 per cent.
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First Published:
11 Jul 2024, 06:17 AM IST
HomeMarketsStock MarketsStock market today: IEX, Chambal Fertilisers, Indus Towers among 10 stocks in F&O ban list on July 11
