The National Stock Exchange (NSE) has placed 16 stocks under a trading ban in the futures and options (F&O) segment on August 21. This move comes as these stocks exceeded 95% of the market-wide position limit (MWPL).
Key Stocks in the F&O Ban
The following stocks are under the F&O ban:
- Aarti Industries
- Aditya Birla Fashion and Retail
- Balrampur Chini Mills
- Bandhan Bank
- Birlasoft
- GNFC
- Granules India
- Hindustan Copper
- India Cements
- LIC Housing Finance
- Manappuram Finance
- National Aluminium
- Piramal Enterprises
- RBL Bank
- SAIL
- Sun TV
Important Notes
- These stocks remain available for trading in the cash market.
- The F&O ban is updated daily by the NSE.
- Traders must reduce their positions in these stocks; any increase in positions could lead to penalties.
On August 20, the Sensex and Nifty indices showed positive momentum. This was driven by strong buying in banking, financial, and auto stocks, reflecting a generally firm trend in global markets.