The National Stock Exchange (NSE) has placed PNB Housing Finance, PG Electroplast (PGEL), RBL Bank, and Titagarh Rail Systems under the Futures & Options (F&O) ban list for trading on Monday, August 18.
According to exchange rules, these securities entered the ban period as their combined open interest (OI) in F&O contracts crossed 95 percent of the market-wide position limit (MWPL). While fresh positions are barred in these stocks, traders are allowed to square off or reduce existing positions during the ban.
The F&O ban mechanism is designed as a safeguard to prevent excessive speculation and to ensure orderly functioning of the derivatives market. The restriction will be lifted once the aggregate open interest falls below the prescribed threshold.
Disclaimer: This article is for informational purposes only and is based on data from exchange updates. It does not constitute investment advice or stock recommendations. Business Upturn does not endorse buying, selling, or holding any security mentioned. Investors are advised to consult certified financial professionals before making any investment decisions.