On September 4, The Nation Stock Exchange added one stock to the F&O banned list and removed the previous list.
The Leading stock was banned by NSE on Monday. India’s third-leading largest housing finance company India Bull Housing Finance Company (INBF) is now banned on NSE F&O on Monday.
Following this stock, security has exceeded 95% of the market-wide position limit (MWPL), which is why it is banned for the day under future and option.
After a while no further future and option ban list, no new stock was bought or sold or else the traders got penalized.
Hearing this news Traders were in big stacks holding the stocks.
No further guidelines were stated by The Nation Stock Exchange.
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