On Thursday, Only one stock was put under the ban for trade under the futures and options (F&O) segment by the National Stock Exchange (NSE). The security has been put on ban under the F&O element as it has crossed 95 per cent of the market-wide position limit (MWPL), as per the NSE.
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Only one stock was put under the ban for trade on Thursday, April 21, 2022, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The security has been put on ban under the F&O segment as it has crossed 95 per cent of the market-wide position limit (MWPL), as per the NSE.
Tata Power shares continue to be under 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% of the market-wide position limit and are therefore 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.