Vodafone Idea, Bandhan Bank, and Biocon are among nine stocks on the F&O ban list on May 27.
The National Stock Exchange (NSE) has prohibited trading in nine equities in the futures and options (F&O) segment on Monday, May 27, 2024, because they exceeded 95% of the market-wide position limit (MWPL).
However, these equities will be available for trading in the cash market.
Every day, the NSE refreshes the list of securities under F&O ban for trading.
F&O ban list today
- The NSE’s F&O ban list for May 27 includes nine stocks: Bandhan Bank, Biocon, Gujarat Narmada Valley Fertilizers & Chemicals, Hindustan Copper, Vodafone Idea, India Cements, National Aluminium, Piramal Enterprises, and PNB.
- The National Stock Exchange (NSE) stated that derivative contracts in the aforementioned securities exceeded 95% of the market-wide position limit and are currently banned by the stock exchange.
- When stock exchanges place F&O contracts in a specific stock during the F&O ban period, no new positions are permitted.
- On May 24, market benchmark indices Sensex and Nifty reached fresh highs in intraday trading before closing slightly lower due to profit booking.
- In an extremely turbulent session, the 30-share BSE Sensex fell 7.65 points, or 0.01 percent, to 75,410.39. It increased by 218.46 points, or 0.28 percent, during the course of the day to hit its highest intraday level of 75,636.50.
- The NSE Nifty crossed the 23,000 mark for the first time during early trading.
- During the day, the benchmark gained 58.75 points, or 0.25 percent, to reach a lifetime high of 23,026.40. However, it reversed all of its gains and finished with a minor loss of 10.55 points, or 0.05 percent, at 22,957.10.
- On the weekly front, the BSE benchmark rose 1,404.45 points, or 1.89 percent. The NSE Nifty rose 455.1 points, or 2%.
