The National Stock Exchange (NSE) has banned five stocks from trading in the futures and options (F&O) segment today, November 18, 2024. These stocks have crossed 95% of their allowable market-wide position limit (MWPL), which is why they are now placed in the F&O ban list. This measure aims to reduce market speculation and maintain stability.
Stocks in Today’s Ban List
The five stocks included in the F&O ban list for November 18, 2024, are:
- Aditya Birla Fashion and Retail Limited
- Hindustan Copper Limited
- Aarti Industries Limited
- GNFC Limited
- Granules India Limited
The five stocks have been banned because their derivative contracts crossed the 95% limit of the total allowed positions in the market. High trading activity increases the risk of excessive speculation, which can lead to sudden price changes and instability.
The NSE has made it clear that any attempts to increase open positions in these banned stocks will attract strict penalties and disciplinary action. This ensures that the rules are followed and the market remains orderly.
These stocks are still available for trading in the cash segment of the market. The F&O ban does not apply to regular stock trading, where investors can buy and sell shares as usual. Keep an eye on daily F&O ban updates from the NSE. Traders and investors should follow the rules carefully and stay informed about market developments.
