NSE bans five stocks for F&O trading for November 18: See list and details

Aarti Industries, Aditya Birla Fashion and Retail, GNFC, Granules India, and Hindustan Copper are the five stocks the NSE imposed an F&O ban on November 18

Published on: Nov 18, 2024, 09:29:06 IST

By HT News Desk

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The National Stock Exchange (NSE) has banned the futures and options (F&O) trading of five stocks for Monday, November 18, 2024 since they have exceeded 95% of the market-wide position limit (MWPL).

The National Stock Exchange of India Ltd. (NSE) building in BKC, Mumbai

The same stocks will however still be available for regular spot trading.

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F&O ban list

Aarti Industries, Aditya Birla Fashion and Retail, GNFC, Granules India, and Hindustan Copper are the five stocks on the NSE's F&O ban list for November 18, 2024.

This is because derivative contracts for these securities have crossed 95% of the market-wide position limit, the NSE said.

“All clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions," an NSE statement read. "Any increase in open positions shall attract appropriate penal and disciplinary action.”

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How did markets perform previously?

The benchmark BSE Sensex fell by 110.64 points or 0.14% during the previous trading session on November 14, 2024, which marked the third straight session of losses as foreign institutional investors (FIIs) continued to sell.

The Sensex closed at 77,580.31, dropping by as much as 266.14 points or 0.34% to 77,424.81.

Meanwhile, the NSE Nifty fell by 26.35 points or 0.11% to close at 23,532.70.

The stock market was closed on Friday, November 15, due to the Guru Nanak Jayanti holiday.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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