Zee Entertainment, Delta Corp, 7 others placed under F&O ban on NSE for August 14; check full list

livemint.com:

Zee Entertainment Enterprises, Granules India Ltd, India Cements Ltd, Chambal Fertilizers and Chemicals, Manappuram Finance, Delta Corp, Balrampur Chini Mills, Hindustan Copper, Indiabulls Housing Finance are the nine stocks that are a part of the F&O ban list by the stock exchange for Monday. The NSE updates the list of securities in F&O ban for trade everyday. The derivative contracts in the mentioned securities have crossed 95 per cent 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. 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.

In the previous trading session, domestic equity benchmarks Sensex and Nifty settled lower for the second straight day amid weak global cues with the dollar's rise against its major global peers after the US inflation came in steady. US consumer prices rose moderately last month which raised hopes that the US Fed will leave interest rates steady next month. Sensex closed 365.53 points, or 0.56 per cent, lower at 65,322.65 while the Nifty closed the day at 19,428.30, down 114.80 points, or 0.59 per cent.

Mid and smallcaps also fell but they still outperformed the benchmark. The BSE Midcap index ended 0.13 per cent lower while the Smallcap index ended with a loss of 0.31 per cent. For the week, Sensex lost 0.6 per cent while Nifty declined 0.45 per cent.