Escorts, PNB & 3 More Stocks Exit F&O Ban List by NSE on Nov 23

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Escorts, PNB & 3 More Stocks Exit F&O Ban List by NSE on Nov 23
Credit: © Reuters.

By Malvika Gurung

Investing.com -- Five stocks have exited from the Futures and Options (F&O) ban list for trade by the National Stock Exchange (NSE) on Nov 23, taking the total count to nil.

The leading stock exchange has removed all the stocks from under the F&O ban list in the previous session on Wednesday. They include:

  • the tractors manufacturer Escorts (NS: ESCO ), 
  • home finance company Indiabulls (NS: INBF ) Housing Finance,
  • state-owned lender Punjab National Bank (NS: PNBK ),
  • leading fertilizers manufacturer Gujarat Narmada Valley Fertilizers and Chemicals (NS: GNFC ), and
  • mass media company Sun TV Network (NS: SUTV ).

The five securities no longer exceed 95% of the market-wide position limit (MWPL), thereby removed from the ban list for trade under the futures and options segment in the day, with their positions falling below 80%.

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

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