The National Stock Exchange (NSE) has placed Deepak Nitrite Ltd and Manappuram Finance Ltd in the futures and options (F&O) ban list for Tuesday, February 18, 2025. This restriction is applied because the derivative contracts of these stocks have crossed 95% of the market-wide position limit (MWPL).
The NSE bans certain stocks in the F&O segment if their derivative contracts exceed 95% of the market-wide position limit (MWPL). When this happens, traders are not allowed to take new positions in futures and options for these stocks. However, trading in the cash market is still allowed.
For February 18, 2025, Deepak Nitrite Ltd and Manappuram Finance Ltd crossed this limit, leading to their ban in the F&O segment. The exchange updates this list daily based on trading activity. Investors should monitor the market and keep track of such restrictions before trading.