Stock Market Alert: Bandhan Bank and RBL Bank Join F&O Ban List on January 17

On January 17, 2025, the National Stock Exchange (NSE) has placed nine stocks under the Futures and Options (F&O) ban for January 17, 2025 which includes Bandhan Bank and RBL Bank from the Banking sector alongwith Aarti Industries, ABFRL, AngelOne, Hindustan Copper, Kalyan Jewellers, L&T Finance & Manappuram Finance. This action is taken when the open interest (OI) for these securities surpasses 95% of the market-wide position limit (MWPL). The ban is lifted only when the OI falls below 80%. During the ban period, traders are prohibited from initiating new positions in these stocks' F&O contracts but can close existing positions. This measure aims to prevent excessive speculation and maintain market stability. 

On January 17, 2025, the National Stock Exchange (NSE) has placed nine stocks under the Futures and Options (F&O) ban for January 17, 2025 which includes Bandhan Bank and RBL Bank from the Banking sector alongwith Aarti Industries, ABFRL, AngelOne, Hindustan Copper, Kalyan Jewellers, L&T Finance & Manappuram Finance. This action is taken when the open interest (OI) for these securities surpasses 95% of the market-wide position limit (MWPL). The ban is lifted only when the OI falls below 80%. During the ban period, traders are prohibited from initiating new positions in these stocks' F&O contracts but can close existing positions. This measure aims to prevent excessive speculation and maintain market stability.