The National Stock Exchange (NSE) has placed 16 stocks under the futures and options (F&O) ban for Wednesday, August 21, as they have exceeded 95% of the market-wide position limit (MWPL). However, these stocks will still be available for trading in the cash market. The NSE updates its list of securities in the F&O ban daily.
F&O Ban List Today: The 16 stocks under the ban include 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, and Sun TV.
The NSE stated that derivative contracts in these securities have surpassed 95% of the market-wide position limit, resulting in their placement in the exchange’s ban period.
“All clients/members must trade in the derivative contracts of these securities only to reduce their positions through offsetting. Any increase in open positions will attract appropriate penalties and disciplinary action,” the NSE warned.
No new positions are allowed in F&O contracts for stocks that are under the ban period.
