The National Stock Exchange (NSE) has placed five stocks under the Futures and Options (F&O) ban list today, December 24. These stocks are Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance, and RBL Bank. The inclusion of these stocks in the F&O ban list indicates that they have exceeded 95% of the market-wide position limit (MWPL).
Which Stocks Are on the Ban List Today?
As of December 24, these five stocks are currently under the F&O ban:
- Bandhan Bank
- Granules India
- Hindustan Copper
- Manappuram Finance
- RBL Bank
When a stock is under the F&O ban, traders cannot initiate new futures or options positions. However, trading in the cash market remains unaffected, meaning investors can still buy or sell the shares directly.
It’s important to note that even though trading in the cash market is allowed, the volatility in these stocks that caused the ban may continue. Investors should be cautious and consider the risks before making decisions.
The F&O ban list is a crucial tool for maintaining a fair and stable trading environment. While it may temporarily limit derivative trading opportunities, it ensures that excessive speculation is curbed. Investors should prioritize informed decision-making and risk management during this period.
By understanding the reasons behind the ban and its implications, traders and investors can make better financial decisions and protect their investments. Always stay updated with the latest market developments to navigate such situations effectively.
