Steel Authority of India (SAIL), Granules India Ltd, Chambal Fertilizers and Chemicals, Gujarat Narmada Valley Fertilizers And Chemicals Limited, Delta Corp, Hindustan Copper, India Cements, Indiabulls Housing Finance, Punjab National Bank, Manappuram Finance, and Zee Entertainment Enterprises Ltd are the 11 stocks that are a part of the F&O ban list by the stock exchange for Monday. 

The NSE updates the list of securities in F&O ban for trade everyday. The derivative contracts in the mentioned securities have crossed 95 per cent 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.

In the trading session, domestic benchmark equity indices settled lower for the second straight session on the backdrop of unfavourable global cues and additional foreign fund outflows. In Asian markets, Seoul, Tokyo, Shanghai and Hong Kong ended in the negative territory.

The 30-share BSE Sensex ended at 64,948.66 down 202.36 points or down 0.31 per cent while Nifty also closed at 19,310.15 level, down 55.10 points or 0.28 per cent on August 18. Majority of sectors felt the heat wherein IT, realty and pharma were among the top losers. The broader indices too traded in sync and lost nearly half a per cent each.

Global markets largely extended their losses as concerns over higher interest rates and slowing China’s economy weighed on investors. The Evergrande Bankruptcy in China though was brushed away since real estate loans in India are by and large regulated well in India now, noted analysts.

Updated: 20 Aug 2023, 10:53 PM IST