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

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

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

    IRCTC shares continued to surge and shut more than 2% higher on Friday (17-September-2021) at ₹3,863.9 per share on the BSE.

    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

    Why stocks are getting banned?

    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

    Keys to Remember

    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.

    Post a Comment

    Comments are welcomed and encouraged on Stuffsearth Website, but there are some instances where comments will be edited or deleted as follows:

    Comments deemed to be spam or solely promotional in nature will be deleted. Including a link to relevant content is permitted, but comments should be relevant to the post topic.
    Comments including profanity will be deleted.
    Comments containing language or concepts that could be deemed offensive will be deleted. Note this may include abusive, threatening, pornographic, offensive, misleading or libelous language.
    Comments that attack an individual directly will be deleted.
    Comments that harass other posters will be deleted. Please be respectful toward other contributors.
    Anonymous comments will be deleted. We only accept comments from posters who identify themselves.
    The owner of this Website reserves the right to edit or delete any comments submitted to the 'Website's Post/Content' without prior notice. This comment policy is subject to change at any time. If you have any questions about the commenting policy, please let us know by using our 'Contact Us' form .

    To Top