Stock market today: Ashok Leyland, ZEEL, PNB, UPL, among 12 stocks under F&O ban list today
F&O ban list: A total of 12 stocks have been put under the ban for trade on Monday, February 12, 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 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.
Ashok Leyland, Aurobindo Pharma, Balrampur Chini Mills, Biocon, Delta Corp, Hindustan Copper, India Cements, Indus Towers, PNB, SAIL, UPL, and ZEEL are the 12 stocks that are part of the F&O ban list by the stock market exchange for February 12. 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: Indian stock market: 5 key things that changed for market over weekend - Gift Nifty, oil prices to FPI outflows “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.
On Friday, benchmark Sensex closed higher by 167 points in a volatile trade driven by buying in ICICI Bank, State Bank of India and Reliance Industries. The 30-share BSE Sensex climbed 167.06 points or 0.23 per cent to settle at 71,595.49. During the day, it hit a high of 71,676.49 and a low of 71,200.31.
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