A complete of six shares have been been put underneath the ban for commerce on Wednesday, January 19, 2022 underneath the futures and choices (F&O) phase by the Nationwide Inventory Trade (NSE). These securities have been placed on ban underneath the F&O phase as they’ve crossed 95% of the market-wide place restrict (MWPL), as per the NSE.
Vodafone Concept, Metal Authority of India (SAIL), Indiabulls Housing Finance, Escorts, and Granules India proceed to be a part of the inventory ban checklist whereas Bharat Heavy Electricals Restricted (BHEL) inventory has been added to the F&O ban by the inventory alternate for right this moment. The NSE updates the checklist of securities in ban for commerce on a regular basis.
The by-product contracts within the talked about securities have crossed 95% of the market-wide place restrict and are due to this fact have been at the moment put within the ban interval by the inventory alternate, stated NSE.
“It’s hereby knowledgeable that each one purchasers/members shall commerce within the by-product contracts of stated securities solely to lower their positions via offsetting positions,” the inventory alternate stated. “Any improve in open positions shall entice applicable penal and disciplinary motion,” NSE added.
No recent positions are allowed for any of the F&O contracts in that specific inventory when it’s underneath the F&O ban interval. The MWPL (market-wide place restrict) is about by the inventory exchanges which is the utmost variety of contracts that may be open at any time (Open Curiosity), due to this fact, the F&O contracts of that inventory enter a ban interval if the open curiosity crosses 95% of the MWPL.
Supply: Live Mint