MARKETS

VI Among Stocks Under F&O Ban on NSE

On Friday, two stocks were put under the ban for trade, under the futures and options segment by the National Stock Exchange (NSE). The security has been put on ban under the F&O element as they have crossed 95 per cent of the market-wide position limit (MWPL), as per the NSE.

Indiabulls Housing Finance continues to be under NSE’s F&O ban stock list for today. Whereas, telecom stock Vodafone Idea has been added to the list by the stock exchange for Friday.

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 at this moment 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.

Get Daily Prediction & Stocks Tips On Your Mobile


This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More