F&O Ban List: NSE Restricts Trading in Five Stocks on March 18
The National Stock Exchange (NSE) has placed five stocks under the Futures and Options (F&O) ban on Tuesday, March 18, after their derivative contracts exceeded 95% of the market-wide position limit (MWPL).
Stocks on the F&O Ban List (March 18):
1. BSE Ltd
2. Hindustan Copper Ltd
3. IndusInd Bank
4. Manappuram Finance Ltd
5. SAIL (Steel Authority of India Ltd)
While these stocks are restricted in the F&O segment, they remain available for trading in the cash market.
What Does the F&O Ban Mean?
The F&O ban is imposed when open interest in a stock’s derivative contracts surpasses 95% of MWPL, indicating excessive speculation. During this period:
• Traders can only square off existing positions (reduce exposure).
• No new F&O positions can be created.
• Violation of the ban rules can lead to penalties and disciplinary action by the exchange.
The NSE updates the F&O ban list daily, based on market activity.
Market Performance on March 17
On the previous trading session (March 17), the benchmark BSE Sensex rebounded by 341 points, breaking its five-day losing streak amid buying in banking stocks and strong global cues.
• Sensex closed at 74,169.95, up 0.46%.
• It surged 547 points intraday, touching 74,376.35 at its highest.
The overall market sentiment remains volatile, with investors closely tracking global trends and economic cues.
