PNB, IRCTC, ESCORTS, SUNTV among 4 stocks under F&O ban period on NSE today

As many as eight stocks/securities have been put under the futures and options(F&O) boycott by the National Stock Exchange (NSE) on Monday, September 20, 2021. These securities are banned under the F&O fragment as they have crossed 95% of the market-wide position limit (MWPL), according to the NSE. 

Indian Railway Catering and Tourism Corporation (IRCTC) is back in the NSE F&O boycott list on Monday subsequent to being out in the past exchanging meeting. Escorts, Sun TV, National Aluminum Company (Nalco), SAIL, Exide Industries keep on being among the stocks under the boycott time frame while Punjab National Bank (PNB) and Indiabulls Housing Finance have been added to the rundown today. The subsidiary agreements in the referenced protections have crossed 95% of the market-wide position limit and are consequently have been at present placed in the boycott time frame by the stock trade. 

It is therefore educated that all customers/individuals will exchange the subsidiary agreements of said security just to diminish their situations through balancing positions," the stock trade said. "Any expansion in open positions will draw in proper corrective and disciplinary activity - expressed by NSE. 

No new positions are took into consideration any of the F&O contracts in that specific stock when it is under the F&O boycott period. The MWPL (market-wide position limit) is set by the stock trades which is the greatest number of agreements that can be open whenever (Open Interest), subsequently, the F&O agreements of that stock enter a boycott period if the open revenue crosses 95% of the MWPL.