F&O Ban List: RBL Bank placed under futures & options ban for Oct 25

livemint.com:

RBL Bank is the only stock that is under the F&O ban by the stock exchange for October 25. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contract in the mentioned list has 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.

Benchmark equity indices Sensex and Nifty plunged more than 1% on Monday, falling for the fourth day running, amid weak trends in global markets in view of heightened tensions in the Middle East. The 30-share BSE Sensex plunged 825.74 points, or 1.26%, to settle at 64,571.88. During the day, it plummeted 894.94 points, or 1.36%, to 64,502.68.

The Nifty fell 260.90 points, or 1.34%, to 19,281.75. In the four sessions since Wednesday, Sensex tanked 1,925 points to fall below the 65,000 mark while Nifty plunged by around 530 points. On Monday alone, the market valuation of the BSE-listed companies plummeted ₹7,59,041.63 crore.