Private lender RBL Bank's stock under F&O ban on NSE today

The stock has been put on boycott under the F&O section as they have crossed 95% of the MWPL, according to the NSE.

Just one stock has been put under the boycott for exchange on Friday, January 7, 2022 under the prospects and choices (F&O) section by the Public Stock Trade (NSE). These protections have been put on boycott under the F&O section as they have crossed 95% of the market-wide position limit (MWPL), according to the NSE.

Private moneylender RBL Bank's stock is the main counter that is under the F&O boycott stock rundown for now by the stock trade. No protections were put under the boycott in the beyond couple of days by the NSE, which refreshes the rundown ordinary. The subsidiary agreements in the referenced protections have crossed 95% of the market-wide position limit and are along these lines have been presently placed in the boycott time frame by the stock trade, said NSE. "It is thus educated that all customers/individuals will exchange the subsidiary agreements of said protections just to diminish their situations through counterbalancing positions," the stock trade said. "Any increment in open positions will draw in fitting punitive and disciplinary activity," NSE added.

No new positions are considered 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 Revenue), subsequently, the F&O agreements of that stock enter a boycott period assuming the open revenue crosses 95% of the MWPL.