The National Stock Exchange (NSE) has placed Manappuram Finance Ltd. on its Futures and Options (F&O) ban list on Wednesday, February 12, 2025. This happened because the stock’s open interest crossed 95% of the Market-Wide Position Limit (MWPL).
The ban applies only to F&O trading. Investors can still buy and sell shares of Manappuram Finance in the cash market without any restrictions.
The open interest in Manappuram Finance’s F&O contracts exceeded 95% of the MWPL, leading to its inclusion in the ban list. The NSE reviews and updates the F&O ban list daily to ensure smooth trading and prevent excessive risk in the derivatives market.
The NSE updates the F&O ban list every day, depending on market activity. Traders and investors should check the latest list before planning their trades.
