F&O ban list: The National Stock Exchange (NSE) banned trading in ten stocks on Wednesday, September18, 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
Aarti Industries, Balrampur Chini Mills,Biocon, Birlasoft, GNFC, Granules India, Hindustan Copper, LIC Housing Finance,PNB, and RBL Bank are the ten stocks on the NSE’s F&O ban list on September18.
The 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 September 17, benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time in a range-bound trade amid firm global trends ahead of the much-awaited US Fed’s decision on interest rates.
Extending its record-setting spree for the second day, the 30-share BSE Sensex climbed 90.88 points or 0.11 per cent to settle at a lifetime high of 83,079.66. The key index settled above the 83,000 level for the first time. During the day, it rose by 163.63 points or 0.19 per cent to 83,152.41.
The NSE Nifty gained 34.80 points or 0.14 per cent to settle above 25,400 level for the first time at 25,418.55 – its record closing high.
Among 30 Sensex firms, Bharti Airtel, NTPC, Mahindra & Mahindra, Kotak Mahindra Bank, Titan, Larsen & Toubro, ICICI Bank, Bajaj Finance, Hindustan Unilever and Reliance Industries were the biggest gainers.
