2 financial stocks under F&O ban on NSE today. Details inside


A total of two stocks have been put under the ban for trade on Wednesday, June 21, 2022 under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as they have crossed 95% of the market-wide position limit (MWPL), as per the NSE.

Financial stocks RBL Bank, and Indiabulls Housing Finance are the two stocks that continue to be under the F&O ban list by the stock exchange for today. The NSE updates the list of securities in F&O 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.

No fresh positions are allowed for any of the F&O contracts in that particular stock when it is under the F&O ban period. The MWPL (market-wide position limit) is set by the stock exchanges which is the maximum number of contracts that can be open at any time (Open Interest), therefore, the F&O contracts of that stock enter a ban period if the open interest crosses 95% of the MWPL.

Meanwhile, Indian indices recorded gains in the last two sessions, regaining lost ground after last week’s rout. The BSE Sensex zoomed 934 points to settle at 52,532. Similarly, the NSE Nifty climbed 1.8% to finish at 15,638.8 on Tuesday.

For Wednesday, SGX Nifty, Singapore Nifty that is the Indian Nifty traded in Singapore Stock Exchange, indicates a flat-to-positive start for the Indian stock market today.

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