Escorts, Indiabulls Housing Finance and Vodafone Thought have been put below the ban for commerce on Monday, December 13, 2021 below the futures and choices section by the Nationwide Inventory Change (NSE). The safety has been placed on ban below the F&O section as they’ve crossed 95% of the market-wide place restrict (MWPL), as per the NSE.
The by-product contracts within the securities talked about have crossed 95% of the market-wide place restrict and so they have at the moment been put within the ban interval, mentioned NSE.
“It’s hereby knowledgeable that every one shoppers/members shall commerce within the by-product contracts of mentioned safety solely to lower their positions by means of offsetting positions. Any enhance in open positions shall appeal to applicable penal and disciplinary motion,” the NSE mentioned.
The market-wide place restrict or MWPL is a restrict that defines the utmost variety of unsettled choice contracts for any given by-product inventory. Presently, the MWPL for Indian by-product shares is 95%. No contemporary positions are allowed for any of the F&O contracts in that individual inventory when it’s below the F&O ban interval.
Supply: Live Mint