RBL Bank, Delta Corp, 5 others placed under F&O ban on NSE for July 21; check details

livemint.com:

Delta Corp, Balrampur Chini Mills Ltd, Indiabulls Housing Finance, Manappuram Finance, RBL Bank, L&T Finance Holdings, and Punjab National Bank, are the seven stocks that are a part of the F&O ban list by the stock exchange for Friday. 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.