F&O Restrictions List: The National Stock Exchange (NSE) on Wednesday, October 30, banned trading in six stocks in the futures and options (F&O) segment as they exceeded 95% of the market-wide position limit (MWPL).
However, these stocks will be available for trading in the cash market. NSE updates the list of securities in F&O restrictions for trading every day.
F&O ban list today
IDFC First Bank, Indiamart Intermesh, L&T Finance, Manappuram FinancePunjab National Bank, and RBL Bank There are six stocks on NSE’s F&O ban list as on October 30.
NSE said the derivative contracts in these securities have crossed 95% of the market-wide position limit and they have been placed in the stock exchange’s restriction period.
“All clients/members shall trade in derivative contracts of the said security only to reduce their positions through offsetting positions. “Any increase in open positions will attract appropriate punitive and disciplinary action,” the NSE statement said.
When a stock exchange holds an F&O contract in a particular stock during the restriction period no new positions are allowed.
On October 29, the benchmark Sensex recovered its initial losses to close with gains of nearly 364 points, leading gains for the second day on the back of late buying in banking and oil stocks.
The 30-share BSE Barometer closed 363.99 points or 0.45 per cent higher at 80,369.03, with 16 of its constituents closing higher and 14 lower.
The index opened lower and fell 583.69 points to 79,421.35 in late morning deals. However, buying in banking, financial and oil stocks in the second half helped offset losses and ended the day with gains. The index hit a high of 80,450.48 in day trading.
NSE Nifty rose 127.70 points or 0.52 per cent to 24,466.85.
BSE Midcap gauge rose 0.74 per cent and Smallcap index rose 0.71 per cent.