On Thursday, July 25, 2024, the National Stock Exchange (NSE) banned trading in two stocks within the futures and options (F&O) segment.
The ban was imposed because these stocks exceeded 95% of the market-wide position limit (MWPL).
Despite the ban in the F&O segment, these stocks will still be available for trading in the cash market. The NSE regularly updates the list of securities under the F&O ban for trade each day.
For July 25, the stocks on the NSE’s F&O ban list are:
The derivative contracts for these securities crossed the 95% MWPL threshold, leading to their inclusion in the stock exchange’s ban period.
During the ban period, Clients and members can only trade in the derivative contracts of the banned securities to decrease their positions through offsetting trades. Any increase in open positions will attract appropriate penal and disciplinary action.
No new positions are allowed when the stock exchanges place F&O contracts for a particular stock under the ban period.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2024, IIFL Securities Ltd. All Rights Reserved
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
