Acquisitions & Mergers
F&O-banned stocks on July 15, 2024

By Kajal Sharma - 15 Jul 2024 05:57 PM
On Monday, July 15, 2024, the National Stock Exchange (NSE) imposed a trading suspension on eleven equities in the futures and options (F&O) segment.These stocks were prohibited because their market-wide position limit (MWPL) exceeded 95%. These equities can still be traded in the cash market even though they are prohibited in the F&O segment.The list of securities subject to the F&O prohibition is updated on a regular basis by NSE. The following stocks are prohibited as of July 15:Aditya Birla Fashion and Retail Balrampur Chini Mills Bandhan Bank Chambal Fertilisers and Chemicals GMR Infra GNFC IEX India Cements Indus Towers Piramal Enterprises RBL BankDerivative contracts for these securities were included in the embargo period, according to the NSE, because they exceeded 95% of the MWPL.
Clients and members may only trade in these assets' derivative contracts during this prohibition period in order to offset their positions and decrease their holdings. Any increase in available employment will be met with the proper legal and disciplinary measures. During the ban period, no new positions are allowed in the F&O contracts of stocks.