Manappuram Finance, SAIL added to F&O ban on NSE with 6 others for September 7; check full list

livemint.com:

Steel Authority of India (SAIL), Manappuram Finance, BHEL, India Cements, Delta Corp, Hindustan Copper, Balrampur Chini Mills Limited, and Indiabulls Housing Finance are the eight stocks that are a part of the F&O ban list by the stock exchange for Thursday. 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.

Meanwhile, domestic equity benchmarks Sensex and Nifty settled higher for the fourth consecutive session on Wednesday supported by gains in shares of select heavyweights, including HDFC Bank and Bharti Airtel. Sensex closed 100 points, or 0.15 per cent, higher at 65,880.52 while the Nifty50 closed the day at 19,611.05, up 36 points, or 0.18 per cent. In the broader market, the BSE midcap gauge climbed marginally by 0.13 per cent while smallcap index skidded 0.04 per cent.