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Business News/ Markets / Stock Markets/  Stock market today: Ashok Leyland, Bandhan Bank, PNB, ZEEL, among 13 stocks under F&O ban list today
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Stock market today: Ashok Leyland, Bandhan Bank, PNB, ZEEL, among 13 stocks under F&O ban list today

Aditya Birla Fashion and Retail, Ashok Leyland, Aurobindo Pharma, Balrampur Chini Mills, Bandhan Bank, Biocon, Delta Corp, Hindustan Copper, India Cements, Indus Towers, PNB, SAIL, and ZEEL are the 13 stocks that are part of the F&O ban list by the stock market exchange for Feb 13.

No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.Premium
No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.

F&O ban list: A total of 13 stocks have been put under the ban for trade on Tuesday, February 13, 2024, 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 it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE.

However, the stocks will be available for trading in the cash market.

Aditya Birla Fashion and Retail Limited (ABFRL), Ashok Leyland, Aurobindo Pharma, Balrampur Chini Mills, Bandhan Bank, Biocon, Delta Corp, Hindustan Copper, India Cements, Indus Towers, PNB, SAIL, and ZEEL are the 13 stocks that are part of the F&O ban list by the stock market exchange for February 13.

Also Read: Indian stock market: 8 key things that changed for market overnight - Gift Nifty, inflation to Bitcoin price rally

The NSE updates the list of securities in the F&O ban for trade every day.

The derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and 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 security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action," said NSE.

No fresh positions are allowed for any of the F&O contracts in the particular stock when placed under the F&O ban period by the stock exchanges.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — February 13

Benchmark Sensex plunged by 523 points on Monday due to profit taking in metal and banking shares amid mixed trends in global markets.

The 30-share BSE Sensex settled 523 points or 0.73 per cent lower at 71,072.49 as 22 of its components closed in the red and eight in the green. The barometer opened higher and touched a high of 71,756.58 in early trade.

The broader NSE Nifty also closed 166.45 points or 0.76 per cent lower at 21,616.05 with 34 of its constituents ending in the red.

Metal, banking and select oil shares succumbed to selling while pharma and IT shares bucked the trend.

BSE smallcap index fell 3.16 per cent while midcap lost 2.62 per cent and largecap closed 0.90 per cent lower. 

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Published: 13 Feb 2024, 07:06 AM IST
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