On Monday, five stocks were put under the ban for trade under the futures and options (F&O) segment by the National Stock Exchange (NSE). As per NSE, all these type of stocks are put under the F&O segment which crosses 95 per cent.
Gujarat Narmada Valley Fertilisers & Chemicals (GNFC), Indiabulls Housing Finance, Punjab National Bank (PNB), and Delta Corp are the stocks that continue to be under the F&O ban whereas Bharat Heavy Electricals (BHEL) has been added to the list by the stock exchange for today.
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F&O ban list updates everyday on National Stock Exchange (NSE).
“It is hereby informed that all clients/members shall trade in the derivative contracts of said securities only to decrease their positions through offsetting positions,” the stock exchange said. “Any increase in open positions shall attract appropriate penal and disciplinary action,” NSE added.
