Profit Sheets

1 Stock Exits, 2 New Enter F&O Ban List on Sept 22: Updated List

September 22, 2022 12:17 PM

By Malvika Gurung — One stock has been removed while two more have been added to the Futures and Options (F&O) ban list for trade by the National Stock Exchange on Sept 22, 2022, taking the total to six on the list.

While the cement producing stock India Cements (NS:) exited the F&O ban list on Thursday, the leading cement stock Ambuja Cements (NS:) and the top housing finance company Can Fin Homes (NS:) are the newest additions to the list in today’s session.

Further, these four stocks continue to remain on the F&O ban list on Thursday:

  • the private lender stock RBL Bank (NS:), 
  • the gaming and hospitality stock Delta Corp (NS:),
  • the tractors manufacturer Escorts (NS:), and
  • the multiplex operator stock PVR (NS:).

The six securities have exceeded 95% of the market-wide position limit (MWPL), thereby banned for trade under the futures and options segment in the day, and shall continue remaining on the list until their positions fall below 80%.

While on the Futures and Options ban list, no new/fresh F&O positions can be bought or sold for the stock(s), else that trader gets penalised. Traders with existing positions in that security can unwind their positions.

Moreover, the market-wide position limit is set by the stock exchanges.

The NSE directs all clients/members to trade in the derivative contracts of the aforementioned securities only to decrease their positions through offsetting positions.

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