On Wednesday, two stocks were put under the ban list for trade under the futures and options (F&O) segment by the National Stock Exchange (NSE). Under the F&O segment, the stock has crossed 95 per cent of the market-wide position limit (MWPL), as per the NSE. VI and Zee Entertainment Enterprises stock continue in the F&O list, whereas Punjab National Bank (PNB) discontinue from the list. The NSE updates the
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Vodafone Idea and Zee Entertainment Enterprises stocks continue to be a part of the F&O ban list, whereas Punjab National Bank (PNB) has been removed from the list by the stock exchange from Wednesday. In derivative contracts, securities have crossed 95 per cent of the market-wide position limit. Recently the stock of the company was added in the ban period by the stock exchange, said NSE.
“It is hereby informed that all clients/members shall trade in the derivative contracts of said securities only to decrease their positions through offsetting positions,” the stock exchange said. “Any increase in open positions shall attract appropriate penal and disciplinary action,” NSE added.