On Wednesday, December 28, 2022, the National Stock Exchange (NSE) banned futures and options (F&O) trading in up to three stocks/securities. Balrampur Chini Mills, Punjab National Bank (PNB) and Indiabulls Housing Finance are among the stocks/securities banned from futures and options (F&O) trading on the National Stock Exchange on Wednesday. According to the NSE, the above stocks were banned from the F&O sector as they exceeded 95% of the overall market position limit (MWPL). During the F&O ban, no new positions for these stocks will be permitted in any F&O contracts.

Earlier Tuesday, index futures traded 4,49,593 contracts worth Rs 43,795.58 crore, while stock futures traded 20,63,388 contracts worth Rs 1,38,812.3 crore.

In index options, 23,64,93,545 contracts were traded at Rs 2,11,55,012.23 crore with a put call ratio of 0.98 and a premium of Rs 56,850.18 crore. In equity options, 37,64,192 contracts were traded at Rs 2,63,951.92 crore with a put call ratio of 0.48 and a premium of Rs 2,500.08 crore. Total futures and options (F&O) traded on Tuesday stood at 24,27,70,718 contracts worth Rs 2,16,01,572.03 crore with a put call ratio of 0.97 and a premium turnover of Rs 59,350.26 crore.

The stock included in the F&O ban early Tuesday, December 27, 2022, is Punjab National Bank (PNB). Domestic stock indexes ended higher in the previous session, with the 30-share BSE Sensex gaining 361.01 points or 0.6% to end at 60,927.43, while the NSE Nifty 50 gained 117.70 points or 0.65% to end at 18,132.30.