: A total of 11 stocks have been banned for trade on Monday, March 18, 2024, under the futures and options (F&O) segment by the National Stock Exchange (NSE). The securities have been put on ban under the F&O segment as it crossed 95 per cent of the market-wide position limit (MWPL), according to the NSE.

However, the stocks will be available for trading in the cash market. List of stocks under F&O ban todayAditya Birla Fashion and Retail, BHEL, ,, , National Aluminium Company, , , SAIL, , and ZEEL are the 11 stocks that are part of the F&O ban list by the stock market exchange for March 18. The NSE updates the list of securities in the F&O ban for trade every day. The derivative contracts in the mentioned securities have crossed 95% 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. Benchmark stock indices Sensex and Nifty dropped over half a per cent on Friday, tracking deep losses in oil and gas, auto and energy stocks amid relentless foreign capital outflows. The 30-share Sensex declined 453.85 points or 0.62 per cent to settle at 72,643.43 after a weak beginning. During the day, the benchmark tanked 612.46 points or 0.83 per cent to 72,484.82. The NSE Nifty dropped 123.30 points or 0.56 per cent to 22,023.35. On the weekly front, the BSE benchmark tanked 1,475.96 points or 1.99 per cent, while the NSE Nifty declined 470.2 points or 2.09 per cent. The BSE smallcap index dropped 2,640.82 points or 5.91 per cent and the midcap gauge tumbled 1,602.41 points or 4 per cent.

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