Indian stock market today: A total of three stocks have been banned for trade on Thursday, April 25, 2024, 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 they crossed 95% of the market-wide position limit (MWPL), according to the NSE. However, the stocks will be available for trading in the cash market.
Also Read: Indian stock market: 7 key things that changed for market overnight - Gift Nifty, fall in Meta shares to Treasury yields F&O ban list today Aditya Birla Fashion and Retail, Hindustan Copper, and SAIL are the three stocks that are part of the F&O ban list by the stock market exchange for April 25. The NSE updates the list of securities in the F&O ban for trade every day. The derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.
Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 25 “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.
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