The Indian stock market opened on a positive note on December 11, 2024, with key indices trading in green. However, the National Stock Exchange (NSE) announced a restriction on trading for five stocks in the Futures & Options (F&O) segment for the day. These stocks were added to the F&O ban list after exceeding 95% of the market-wide position limit (MWPL).
Stocks Under the F&O Ban Today
The NSE has placed the following five stocks under the F&O ban list on December 11, 2024:
- Granules India
- Manappuram Finance
- Metropolis Healthcare
- PVR Inox
- RBL Bank
these stocks can be traded in the cash market during the ban period. However, traders should be cautious and monitor these stocks closely, as they may experience high volatility.
For investors, it’s essential to stay informed and avoid making hasty decisions based on market fluctuations. If you already hold these stocks, the F&O ban does not directly impact your holdings. However, traders using derivatives for these stocks should carefully evaluate their positions and consider market conditions.
The F&O ban list serves as a regulatory safeguard to maintain market stability. While these restrictions can limit speculative opportunities, they also ensure that excessive volatility does not harm retail investors. It is always wise to consult a financial advisor and stay updated on market trends before making investment decisions.