F&O Ban List: Delta Corp, RBL Bank placed under futures & options ban for Oct 26
RBL Bank are the two stocks that are a part of the F&O ban list by the stock exchange for October 26. The NSE updates the list of securities in F&O ban for trade everyday. 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 hereby informed that 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," said NSE. No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.
Indian stock markets extended fall for the fifth straight session on Wednesday as banking and IT shares led the decline in the backdrop of persisting global turbulence. The 30 share BSE Sensex tanked 522.82 points, or 0.81%, to end at 64,049.06. During the day, it dropped 659.72 points, or 1.02%, at 63,912.16.
The NSE Nifty declined by 159.60 points, or 0.83%m at 19,122.15. The Sensex has plunged 2,379.03 points, or 3.58%, in the last five days. In the broader market, the BSE smallcap gauge declined 0.77% and midcap index fell 0.52%.
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