The National Stock Exchange (NSE) has put a stop to trading of 11 stocks in the futures and options (F&O) market today, Monday, July 15. This means people cannot buy or sell these stocks using special trading methods called futures and options.
The stocks that are banned from F&O trading are:
- Aditya Birla Fashion and Retail
- Balrampur Chini Mills
- Bandhan Bank
- Chambal Fertilisers and Chemicals
- GMR Infra
- GNFC
- Indian Energy Exchange (IEX)
- India Cements
- Indus Towers
- Piramal Enterprises
- RBL Bank
The NSE puts stocks in the F&O ban list when too many people are trading them, which can cause problems for the market. When a stock is in the ban list, it means there is too much interest in it and the market needs to cool down.
What does this mean for investors?
While these stocks cannot be traded using futures and options, people can still buy and sell them in the normal way, which is called the cash market. This means you can still buy or sell shares of these companies, but you won’t be able to use special trading methods.
It’s important to remember that the NSE keeps checking the list of banned stocks and can remove them from the list if things change.
If you own any of these stocks, you can still hold on to them or sell them in the cash market. But if you were planning to trade them using futures and options, you will have to wait until they are removed from the ban list.
It’s always a good idea to talk to a financial advisor before making any investment decisions.