The National Stock Exchange (NSE) has placed ten stocks under the futures and options (F&O) trading ban for today, January 22. These stocks have been restricted because they exceeded 95% of the Market-Wide Position Limit (MWPL).
Stocks Under the Ban Today
The following ten stocks are on the NSE’s F&O ban list today:
- Aditya Birla Fashion and Retail
- Angel One
- Bandhan Bank
- Can Fin Homes
- Dixon Technologies
- Kalyan Jewellers India
- L&T Finance
- Manappuram Finance
- Mahanagar Gas
- RBL Bank
These stocks remain available for trading in the cash market, but investors cannot open new positions in their F&O contracts. Existing positions can still be closed.
The stocks were placed under the ban because their derivative contracts crossed the 95% MWPL threshold. The MWPL is a cap set by exchanges to limit the overall exposure to a particular stock in the derivatives segment.
The NSE reviews and updates the F&O ban list daily. Investors are advised to check this list regularly to stay informed about trading restrictions.
By implementing the MWPL rule, the NSE aims to ensure a fair and balanced trading environment, minimizing risks and maintaining the market’s overall health.