This RJ Portfolio Stock Exits F&O Ban List on Aug 11: Updated List

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This RJ Portfolio Stock Exits F&O Ban List on Aug 11: Updated List

By Malvika Gurung

Investing.com -- One stock has been removed from the Futures and Options (F&O) ban list for trade by the National Stock Exchange on Aug 11, 2022, leaving a total of two stocks on the list.

While the gaming and hospitality stock Delta Corp (NS: DELT ) and the leading sugar manufacturer Balrampur Chini Mills (NS: BACH )continue to remain under the F&O ban list on Thursday, the tractors manufacturer Escorts (NS: ESCO ) has exited the stock ban list for the day.

The two securities on the list have exceeded 95% of the market-wide position limit (MWPL), thereby banned for trade under the futures and options segment in the day, and shall continue remaining on the list until their positions fall below 80%.

While on the Futures and Options ban list, no new/fresh F&O positions can be bought or sold for the stock(s), else that trader gets penalised. Traders with existing positions in that security can unwind their positions.

Moreover, the market-wide position limit is set by the stock exchanges.

The NSE directs all clients/members to trade in the derivative contracts of the aforementioned securities only to decrease their positions through offsetting positions.

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