Stock market today: Biocon, Vodafone Idea, Piramal Enterprises among five stocks on F&O ban list on May 29

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F&O ban list: The National Stock Exchange (NSE) has banned trading in five stocks on Wednesday, May 29, 2024, in the futures and options (F&O) segment due to their exceeding 95% of the market-wide position limit (MWPL).However, these stocks will be available for trading in the cash market. The NSE updates the list of securities in the F&O ban for trade every day.ALSO READ: ICICI Direct suggests three shares with 8% upside potential to buy this weekF&O ban list todayAditya Birla Fashion and Retail, Biocon, Hindustan Copper, Vodafone Idea, and Piramal Enterprises are among the five stocks on the NSE's F&O ban list for May 29.The National Stock Exchange (NSE) said the derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and have been currently placed in the ban period by the stock exchange.“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.ALSO READ: Multibagger Stock: Shakti Pumps yielded 515% returns in 13 months, gained over 1690% in 4 yearsWhen the stock exchanges place F&O contracts in a particular stock during the F&O ban period, no fresh positions are allowed.On May 28, extending the falling streak to the third day in a row, benchmark BSE Sensex declined by 220 points in volatile trade due to profit-taking in power, oil and capital goods shares ahead of results of Lok Sabha polls.After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 220.05 points or 0.29 per cent lower at 75,170.45. During the day, it hit a high of