Prohibited food and drink list: The National Stock Exchange (NSE) has banned trading in nine stocks in its Futures and Options (F&O) sector on Wednesday, May 15, 2024. According to the NSE, these securities were banned in the F&O sector as they exceeded 95% of the market wide position limit (MWPL).
However, these stocks will be available for trading in the spot market.
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Today’s prohibited food list
Balrampur Chini Mills, Birlasoft, Canara Bank, GMR Airports Infrastructure, Hindustan Copper, Vodafone Idea, Piramal Enterprises, SAIL and ZEEL are the nine stocks on the F&O prohibited list of stock market exchanges on May 15.
NSE updates the list of F&O prohibited securities on a daily basis.
According to the National Stock Exchange (NSE), derivative contracts in the mentioned securities exceed 95% of the market-wide position limit and are currently under embargo period by the stock exchange.
“All customers/members are hereby informed that they must trade derivative contracts in such securities solely for the purpose of reducing their positions by offsetting their positions. Appropriate punishment and disciplinary action shall be taken against them,” the NSE statement said.
Also read: Multibagger stocks: Gravita India is up over 250% in 2 years and over 2800% since May 2020
No new positions are allowed on F&O contracts for certain stocks when the stock exchange is under an F&O embargo.
May 14 (Reuters) – Stock benchmark index gains after retail inflation fell to an 11-month low of 4.83% in April, leading to gains in Reliance Industries, the country’s best-valued stock by market valuation. Buyers also became more optimistic.
The 30-share BSE Sensex rose 328.48 points or 0.45 per cent to close at 73,104.61. During the day, it rose 510.13 points (0.70%) to 73,286.26.
NSE Nifty rose 113.80 points or 0.51% to 22,217.85.
In the broader market, BSE small cap index rose 1.79% and midcap index rose 1.14%.
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