F&O ban list: The National Stock Exchange (NSE) has banned trading ineight stocks on Tuesday, June25, 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.F&O ban list todayBalrampur Chini Mills,Chambal Fertilisers and Chemicals,GNFC,Granules India, Indus Towers, Piramal Enterprises, PNB, and SAIL are the8stocks on the NSE's F&O ban list for June25.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 placed in the stock exchange's ban period.“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 new positions are allowed when the stock exchanges place F&O contracts in a particular stock during the F&O ban period.On June 24, equity benchmarks Sensex and Nifty closed higher on Monday as buying in power, auto and industrial stocks helped the indices rebound from early lows amid a bearish trend in global equity markets.The 30-share BSE Sensex ended 131.18 points, or 0.17 per cent, higher at 77,341.08.
Read more on livemint.com