On Tuesday, August 20, the National Stock Exchange (NSE) banned trading in 19 stocks in the futures and options (F&O) segment as these stocks exceeded 95% of the market-wide position limit (MWPL). However, these stocks will still be available for trading in the cash market.
F&O Ban List Today:
- Aarti Industries
- Aditya Birla Fashion and Retail
- Balrampur Chini Mills
- Bandhan Bank
- Birlasoft
- Chambal Fertilisers and Chemicals
- GNFC
- Granules India
- Hindustan Copper
- India Cements
- IndiaMart
- LIC Housing Finance
- Manappuram Finance
- NMDC
- Piramal Enterprises
- PNB
- RBL Bank
- SAIL
- Sun TV
The NSE updates the F&O ban list daily, with stocks placed in the ban period when derivative contracts cross 95% of the MWPL.
According to the NSE, “All clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action.”
Meanwhile, on August 19, the benchmark equity indices, Sensex and Nifty, closed nearly flat in a lackluster session as investors awaited further market triggers. The BSE Sensex dropped 12.16 points to settle at 80,424.68, while the NSE Nifty edged up 31.50 points to close at 24,572.65.
