Stock Market Today: Six Stocks in F&O Ban List

The National Stock Exchange (NSE) has placed six stocks under the futures and options (F&O) ban list for Monday, December 23, 2024. These stocks are Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance, RBL Bank, and SAIL (Steel Authority of India Limited). The ban comes as these stocks crossed 95% of the market-wide position limit (MWPL).

For traders, the F&O ban restricts opportunities to create new positions in these stocks through futures and options contracts. While this limits speculative trading, it ensures that market volatility is kept in check. However, these stocks are still available for trading in the cash market.

The Stocks on the F&O Ban List

1. Bandhan Bank
2. Granules India
3. Hindustan Copper
4. Manappuram Finance
5. RBL Bank
6. SAIL

Traders and investors should monitor the F&O ban list daily, as it is updated regularly based on trading activity. When stocks are on the ban list, their trading patterns can change significantly. Prices may become more volatile, presenting both risks and opportunities. Experienced traders may find opportunities in these conditions, but new traders should proceed with caution.

Bhoi Smrutirekha Dharanidhar Marketing and Finance

Smrutirekah is a finance enthusiast with a background in financial planning. Her passion for money management drives her to share practical tips and insights on this blog, empowering readers to take control of their finances. With clear, actionable advice, she helps oth

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