F&O Ban List: Hindustan Copper, Manappuram Finance placed under futures

In this article, we are going to talk about the F&O ban list. Futures and Options (F&O) are the major types of stock products trading in a share market. These are agreements signed by two parties for trading a stock asset at a predetermined cost on a later such. Reportedly, two stocks total have been put under the ban for trade on Thursday, 30 November 2023, under the (F&O) segment by the National Stock Exchange (NSE). Now lots of people are super curious to know about the whole information about the news. In this article we will give complete information about the news, so let’s continue the article.

F&O ban list

F&O Ban List

The securities were banned under the F&O segment because they crossed 95% of the market-wide position limit (MWPL) as per the NSE. Nevertheless, the stocks will be available for trading in the cash market. Manappuram Finance and Hindustan Copper are the two stocks that are a portion of the F&O ban list by the stock exchange for 30 November 2023. The NSE revised the list of securities in the F&O ban for trade every day. Swipe up the next page for more information about the news.

NSE stated the derivative contracts in the said protection have crossed 95% of the market-wide position limit and have been put in the ban period by the stock exchange. “It is hereby noted that all clients/members shall trade in the derivative agreements of stated security only to decrease their positions through offsetting situation. Any increase in open positions shall attract suitable penal and corrective action. No new classes have been followed for any of the F&O contracts in the special stock when placed under the F&O ban period by the stock exchanges. You are on the correct page for more information about the news, so please read the complete article.

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Benchmark Sensex mustered 727 points and Nifty locked past the 20,000 mark on Wednesday driven by purchasing in heavyweight Axis Bank ICICI, TCS, and HDFC Bank on anticipations of more foreign fund inflows. The 30-share BSE Sensex jumped 727.71 points, or 1.10 per cent, to settle at 66,901.91 with 26 of its parts finishing in the green and four in the red. The index began the day on a positive note and later zoomed 772.08 points, or 1.16 cent, to a high of 66,946.28. Here we shared all the information that we had if we get any information then we will update you soon. Stay tuned to us for more updates.

Gurleen Kaur

I'm a science graduate from the Ahmadu Bello University, Nigeria. My passion for writing has brought me to into the field of content.