NSE FO ban: PVR, Delta Corp and others under ban on Monday, January 23, 2023

2023-02-18

The National Stock Exchange (NSE) banned the trading in futures and options (F&O) of up to three stocks/securities on Monday, January 23, 2023. PVR, Delta Corp and L&T Finance Holdings are the stocks/securities placed on the National Stock Exchange’s futures and options (F&O) ban for trade on Monday. According to the NSE, the stocks mentioned above are prohibited in the F&O sector because they have exceeded 95% of the market-wide position limit (MWPL). During the F&O ban period, no new positions are permitted for F&O contracts in that stock.

Earlier, on Friday, the total number of contracts traded in Index futures was 3,25,839 with a turnover of Rs 31,786.35 crore; while contracts traded in stock futures were 17,98,915 with a turnover of Rs 1,23,454.24 crore.

Delta Corp, Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), L&T Finance Holdings and Manappuram Finance Ltd were put on the F&O ban earlier on Friday, January 20, 2023. The domestic equity indices ended the previous session in red with BSE Sensex falling 236.66 pts or 0.39% to close at 60,621.77 and the Nifty 50 dropped 80.20 pts or 0.44% to  18,027.65.

Tags: , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *