F&O ban list, January 24: L&T Finance, Dixon Technologies among nine stocks; check full list

The MWPL is the maximum number of contracts that can be opened at any particular time.

Previously, RBL Bank was also added to this list on January 2, 2025. On January 20, Bandhan Bank, Can Fin Homes, and RBL Bank were retained on the list as the open interest as a percentage of the MWPL of its F&O contracts stood at 83.7%, 87.8%, and 80.8%, respectively.

The ban will be lifted once the position falls below 80%. Traders will be available for trading in the cash market.

“The derivative contracts in the below-mentioned security have crossed 95% of the market-wide position limit and are currently in the ban period,” the stock exchange said in a statement. “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,” NSE further said.

Stock exchanges may not open new positions when placing F&O contracts in a particular stock during the ban period.

On Tuesday, Aditya Birla Fashion, Kalyan Jewellers, and Manappuram Finance were also retained on the ban list, and the open interest of its MWPL contracts stood at 85.8%, 81.5%, and 88.1%, respectively.

Dixon Technologies (India) and Mahanagar Gas were added to the list on Wednesday as the open interest of their F&O contracts reached 115.3% and 97.7%, respectively.

The National Stock Exchange updates the list of securities on the F&O ban list daily.

Following the global cues, the domestic equity market is expected to open in the green on Friday, January 24.

The stock markets on Thursday extended gains for the second consecutive day, helped by buying in IT, consumer durables, and commodity stocks, amid a largely positive trend in global markets.