Stock market today: Vodafone Idea, Piramal Enterprises, PNB among 9 stocks under F&O ban list on May 14
F&O ban list: Nine stocks have been banned for trade on Tuesday, May 14, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they crossed 95% of the market-wide position limit (MWPL), according to the NSE.
However, these stocks will be available for trading in the cash market.
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F&O ban list today
Balrampur Chini Mills, Canara Bank, GMR Airports Infrastructure, Hindustan Copper, Vodafone Idea, Piramal Enterprises, PNB, SAIL, and ZEEL are the nine stocks in the F&O ban list of the stock market exchange for May 14.
The NSE updates the list of securities in the F&O ban for trade every day.
The derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit, and have been currently put in the ban period by the stock exchange, the National Stock Exchange (NSE) said.
“It is hereby informed that all clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action,” the NSE statement said.
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No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.
On May 13, benchmark equity indices Sensex and Nifty staged a dramatic rebound to settle higher following buying in index heavyweights like HDFC Bank, ICICI Bank and Tata Consultancy Services.
Recovering from early lows, the 30-share BSE Sensex closed higher by 111.66 points or 0.15 per cent at 72,776.13. The index opened lower and plunged further 798.46 points or 1.09 per cent to hit a low of 71,866.01 in day trade.
The NSE Nifty rose by 48.85 points or 0.22 per cent to end at 22,104.05. The 50-share index rebounded from a low of 21,821.05.
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Published: 14 May 2024, 06:17 AM IST
Ganesh
http://ganesh@finplay.inFinance enthusiast, Mutual fund expert.