As of today, September 9, 2024, several stocks are under a trading ban in the futures and options (F&O) markets. This ban is enforced when the open interest on a stock reaches more than 95% of the market-wide position limits (MWPL). The ban will only be lifted if the open interest falls below 80%.
Currently, the following stocks are still in the F&O ban list:
- ABFRL
- BALRAMCHIN
- BANDHANBNK
- BIOCON
- CHAMBLFERT
- HIND COPPER
- RBLBANK
Indian equity markets closed on a lower note on September 6, with the Nifty ending around 24,850 amid broad-based selling. By the end of the session, the Sensex had fallen 1,017.23 points, or 1.24 percent, to 81,183.93. The Nifty dropped 292.90 points, or 1.16 percent, closing at 24,852.20.
Traders should be aware of these restrictions as they may impact trading strategies and positions.
