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Stock market today: GNFC, Granules among five stocks on F&O ban list on November 14
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Stock market today: GNFC, Granules among five stocks on F&O ban list on November 14

List of F&O prohibitions:The National Stock Exchange (NSE) banned trading in five stocks on Thursday (November 14) in the futures and options (F&O) segment as they exceeded 95 per cent of the market-wide position limit (MWPL). ).

However, these shares will be available for trading in the spot market. The NSE updates the list of securities banned from F&O trading on a daily basis.

List of F&O bans today

Aarti Industries, Aditya Birla Fashion & Retail, GNFC, Pellets Indiaand Hindustan Copper are the five stocks on the NSE’s F&O banned list on November 14.

The NSE said derivative contracts on these securities exceeded 95% of the market-wide position limit and were placed within the exchange’s blackout period.

“All clients/members shall trade the derivative contracts of the said security only to reduce their positions through offsetting positions. Any increase in open positions will result in appropriate penal and disciplinary action,” the NSE statement said.

No new positions are allowed when exchanges place F&O contracts on a particular stock during the blackout period.

November 13, benchmark Sensex plunged 984 points to close at a more than four-month low following heavy stock selling in the banking, auto and capital goods sectors, amid trade inflation retail which reached a 14-month high in October and incessant outflows of foreign funds.

The BSE Sensex slipped to 77,690.95, down 984.23 points or 1.25 percent, marking its second consecutive day of losses. During the day, it fell 1,141.88 points, or 1.45 percent, to 77,533.30.

Recording its fifth day of decline, the NSE Nifty fell 324.40 points or 1.36 percent to 23,559.05, a level not seen since June 24, 2024.

Mid- and small-cap stocks were the worst hit, while the financial and automobile sectors also showed significant weakness. The BSE small-cap index fell by 3.08 per cent and that of midcaps by 2.56 per cent.