These 6 stocks continue to be under F&O ban on NSE today

The same six stocks, which were on the F&O stock ban list in the previous session, remain banned from trading on Thursday, January 20, 2022 in the futures and options (F&O) segment. by the National Stock Exchange (NSE). These securities were banned in the F&O segment as they crossed 95% of the market-wide position limit (MWPL), in accordance with the NSE.

Vodafone Idea, Steel Authority of India (SAIL), Indiabulls Housing Finance, Escorts, Granules India and Bharat Heavy Electricals Limited (BHEL) continue to be under F&O ban by the exchange for today. The NSE updates the list of prohibited securities on a daily basis.

Derivative contracts on the mentioned securities have breached 95% of the market-wide position limit and are therefore currently blacklisted by the exchange, NSE said.

“It is hereby advised that all clients/members will only trade derivative contracts in these securities to decrease their positions through offsetting positions,” the exchange said. “Any increase in open positions will result in appropriate criminal and disciplinary sanctions,” NSE said. added.

No new positions are allowed for any of the F&O contracts in that particular stock when it is under the F&O blackout period. The MWPL (market-wide position limit) is set by the exchanges which is the maximum number of contracts that can be opened at any time (Open Interest), therefore, F&O contracts for this stock enter a period blackout if the open interest crosses 95% of the MWPL.

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