In today’s stock market session, several changes were observed in the Futures and Options (F&O) ban list.
New additions to the ban: ABFRL and IDEA have been placed under the F&O ban. These stocks have crossed the market-wide position limit and will remain restricted until further notice.
Stocks still in ban: Aarti Industries (AARTIIND), Biocon (BIOCON), Chambal Fertilizers (CHAMBLFERT), Gujarat Narmada Valley Fertilizers & Chemicals (GNFC), Granules India (GRANULES), LIC Housing Finance (LICHSGFIN), National Aluminium Company (NATIONALUM), Oracle Financial Services Software (OFSS), Punjab National Bank (PNB), and Steel Authority of India (SAIL) continue to remain under the ban.
Out of ban: RBL Bank (RBLBANK) has exited the F&O ban list, providing investors with more trading options in the stock.
These updates are crucial for traders as F&O bans restrict intraday positions and other derivative contracts until open interest levels drop below prescribed limits.
