List of F&O prohibitions: The National Stock Exchange (NSE) on Monday (October 21) banned trading of 14 stocks in the futures and options (F&O) segment as they exceeded 95 per cent of the market-wide position limit (MWPL).

However, these shares will be available for trading in the spot market. The NSE updates the list of securities banned from F&O trading on a daily basis.

List of F&O bans today

Aarti Industries, Bandhan Bank, Birlasoft, Chambal Fertilizers and Chemicals, GNFC, Granules India, Hindustan Copper, IDFC First Bank, India Energy Exchange, L&T Finance, National Aluminum Company, PNB, SAIL and Tata Chemicals are the 14 stocks listed on the NSE . F&O banned list on October 21.

The NSE said derivative contracts on these securities exceeded 95% of the market-wide position limit and were placed within the exchange’s blackout period.

“All clients/members shall trade the derivative contracts of the said security only to reduce their positions through offsetting positions. Any increase in open positions will result in appropriate penal and disciplinary action,” the NSE statement said.

No new positions are allowed when exchanges place F&O contracts on a particular stock during the blackout period.

On October 21, benchmark indices Sensex and Nifty 50 rebounded after three days of decline, driven by value buying in banking, financial and metals stocks and firm global market trends.

Recovering from its early lows, the BSE Sensex rose 218.14 points or 0.27 percent to settle at 81,224.75. During the day, it jumped 384.54 points or 0.47 percent to 81,391.15.

The NSE Nifty 50 ended up 104.20 points, or 0.42 percent, at 24,854.05.

The BSE midcap gauge rose 0.21 percent while the small cap gauge fell 0.16 percent.

Among sectoral indices, Bankex jumped 1.84 percent, metals 1.65 percent, financials (1.12 percent), commodities (1.02 percent), utilities (1.02 percent), 0.91 percent) and automobiles (0.58 percent).