F&O ban list: SAIL, ZEEL, Delta Corp, 2 other shares placed under futures & options ban for today
F&O ban list: A total of five stocks have been put under the ban for trade on Thursday, December 7, 2023 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.
Delta Corp, Indiabulls Housing Finance, India Cements, SAIL, and ZEEL are the five stocks that are a part of the F&O ban list by the stock exchange for December 7. Also Read: Asit C Mehta to trade ex-rights. Dhyaani Tile, Marblez to trade ex-bonus today 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. Also Read: Nifty Smallcap 250 up over 10% in November, outperforms Nifty 50's turnaround “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. Also Read: Govt to raise ₹1,200 crore by selling 8% stake in IRCON via OFS Indian equity indices continued their rally for the seventh straight session to hit fresh record highs on Wednesday. The rally was driven by gains in Reliance Industries, ITC and L&T amid persistent foreign fund inflows.
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