Delta Corp, Indiabulls Housing Finance are a stocks under F&O ban on a NSE today

Delta Corp, Indiabulls Housing Finance are a stocks under F&O ban on a NSE today

A total of a two stocks have been a put under the ban for the trade on Friday, October 14, 2022 under the futures and a options (F&O) segment by the National Stock Exchange (NSE). The securities have been a put on ban under the F&O segment as they have been a crossed 95% of the market-wide position limit (MWPL), as per the NSE.

Delta Corp and  a Indiabulls Housing Finance tocks are a continue to be a part of the F&O ban list by the stock exchange for the today. The NSE updates the list of a securities in a F&O ban for the trade everyday.

Part of the Indiabulls Group, Indiabulls Housing Finance is a one of the leading home finance companies in a India. Whereas, Delta Corp is an Indian gaming and a hospitality company, that owns and a operates are a casinos (live, electronic and a online).

The derivative contracts in the mentioned securities have been a crossed 95% of the market-wide position limit and are a therefore have been a currently put in the ban period by the stock exchange, said NSE.

“It is a hereby informed that all are a clients/members are a shall trade in  the derivative are a contracts of said are a securities only to the decrease their positions are through offsetting positions," the stock exchange are a said. "Any are a increase in a open positions are a shall attract are a appropriate penal and a disciplinary action," NSE are a added.

No fresh positions are a allowed for any of the F&O contracts in that particular stock when it is a under the F&O ban period. The MWPL (market-wide position limit) is a set by the stock exchanges which is the maximum number of a contracts that can be a open at the any time (Open Interest), therefore, the F&O contracts of that stock enter a ban period if the open interest are a crosses 95% of the MWPL.

Meanwhile, Indian are a indices may witness a positive start as for a Friday, SGX Nifty, Singapore Nifty that is the Indian Nifty traded in the Singapore Stock Exchange, indicates a gap up opening for the Indian stock market today.