Two stocks were put under the ban for trade on Tuesday, April 12, 2022, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been banned under the F&O element as they have crossed 95 per cent of the market-wide position limit (MWPL), as per the NSE.
- Govt plans new route connecting Noida airport to NH-34
- India Ranks Third in Global Fintech Funding, Despite 33% Drop in 2024
- India’s Retail Inflation Drops to 5.22% in December, Food Inflation at 8.39%
- Donald Trump Inauguration: Xi Jinping Invited, S Jaishankar to Represent India
- What Is Currency Appreciation: Working & Cause Of Currency Appreciation
RBL Bank continues to be under the list, whereas Delta Corp has been added to the F&O ban by the stock exchange for today. The NSE updates the list of securities in a ban for trade every day.
The derivative contracts in the mentioned securities have crossed 95 per cent of the market-wide position limit and have been currently put in the ban period by the stock exchange, said NSE.
“It is 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.
