On June 14, 2023, the National Stock Exchange (NSE) updated its Futures and Options (F&O) ban list. Three new stocks were added to the list, while three stocks from the previous session were retained. 

Derivative contracts of these stocks were banned as they have crossed 95% of the market-wide position limit (MWPL) set by the exchanges. The MWPL is the maximum number of contracts that can be opened anytime.

When a stock is placed on the Futures and Options ban list, traders are not allowed to buy or sell new positions in that stock. Any trader who violates this rule will face penalties. However, traders with existing positions in the banned securities can close their positions.

The newly added stocks on the F&O ban list are Bharat Heavy Electricals Limited (BHEL), Delta Corp Ltd, and Manappuram Finance Ltd. The stocks retained from the previous day’s F&O ban list are Indiabulls Housing Finance, Indian Energy Exchange (IEX), and India Cements. With the addition of the new stocks, the total number of stocks on the ban list for this session has reached six.

The National Stock Exchange updates the list of securities on the F&O ban list daily. This list serves as a guide for traders and investors in the market.