Tata Power Stock Facing F&O Ban on NSE Today
Tata Power Stock Facing F&O Ban on NSE Today
Only one stock has been put under the ban for trade on Thursday, April 21, 2022 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The security has been put on ban under the F&O segment as it has crossed 95% of the market-wide position limit (MWPL), as per the NSE.
Tata Power shares continue to be under the F&O ban by the stock exchange for today. The NSE updates the list of securities in ban for trade everyday.
The derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and are therefore have been currently put in the ban period by the stock exchange, said NSE.
“It is hereby informed that all clients/members shall trade in the derivative contracts of said securities only to decrease their positions through offsetting positions," the stock exchange said. "Any increase in open positions shall attract appropriate penal and disciplinary action," NSE added.
Tata Power shares continue to be under the F&O ban by the stock exchange for today. The NSE updates the list of securities in ban for trade everyday.
The derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and are therefore have been currently put in the ban period by the stock exchange, said NSE.
“It is hereby informed that all clients/members shall trade in the derivative contracts of said securities only to decrease their positions through offsetting positions," the stock exchange said. "Any increase in open positions shall attract appropriate penal and disciplinary action," NSE added.
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