Stock market today: Delta Corp, IEX, Bandhan Bank, 9 other shares placed under F&O ban list
F&O ban list: A total of twelve stocks have been put under the ban for trade under the futures and options (F&O) segment on Wednesday, January 10, by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it 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.
Balrampur Chini Mills, Bandhan Bank, Chambal Fertilisers and Chemicals, Delta Corp, Escorts, GNFC, Hindustan Copper, Indian Energy Exchange Ltd (IEX), India Cements, National Aluminium Company, Piramal Enterprises, and SAIL are the 12 stocks that are a part of the F&O ban list by the stock market exchange for January 10. Also Read: Cochin Shipyard shares to trade ex-split; Grasim Industries, Sharanam Infraproject stocks to trade ex-rights 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.
“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. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) 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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