Stock market today: Bandhan Bank, Biocon, Vodafone Idea, SAIL, ZEEL among 13 stocks under F&O ban list on May 21
F&O ban list: Thirteen stocks have been banned for trade on Tuesday, May 21, 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, these stocks will be available for trading in the cash market.
Aslo Read: HDFC Securities initiates coverage on these 2 healthcare stocks with 'buy' rating F&O ban list today Aditya Birla Capital, Balrampur Chini Mills, Bandhan Bank, Biocon, Birlasoft, GMR Airports Infrastructure, Granules India, Hindustan Copper, Vodafone Idea, India Cements, Piramal Enterprises, SAIL, and ZEEL are the 13 stocks in the F&O ban list of the NSE for May 21. 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, the National Stock Exchange (NSE) said.
Also Read: Will the Indian stock market continue its upward momentum this week? “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," the NSE statement said. 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 May 18, equity benchmark indices closed the special trading session on a firm note on Saturday. The 30-share BSE Sensex climbed 88.91 points or 0.12 per cent to end at 74,005.94. During the
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