Two stocks were put under the ban for trade on Tuesday, April 12, 2022, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been banned under the F&O element as they have crossed 95 per cent of the market-wide position limit (MWPL), as per the NSE.
- Kotak Mahindra Bank Shares Crash 13% Post RBI Action
- Nestle India Joins Hands With Dr Reddy for Nutritional Health Solutions
- Inox Wind Shares Traded 9% Higher On Board Proposal For Bonus Shares Issuance
- Nestle India Stocks Gained 3% on Q4FY24 Business and Financial Updates
- Rail Vikas Nigam Shares Gain 3% on Securing Project Worth Rs 239 Crore
RBL Bank continues to be under the list, whereas Delta Corp has been added to the F&O ban by the stock exchange for today. The NSE updates the list of securities in a ban for trade every day.
The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.
“It is 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.