On April 16, 2025, domestic equities extended gains with the NSE Nifty closing at 23,437.20, up 108.65 points or 0.47%. The BSE Sensex ended at 77,044.29, gaining 309.40 points or 0.40% buoyed by buying across key sectors.
This week’s Nifty contracts are set to expire on Thursday, April 17, per the standard F&O cycle.
Ahead of the Nifty weekly expiry on Thursday, April 17, 2025, the National Stock Exchange (NSE) has placed 5 stocks under a trading ban in the futures and options (F&O) segment.
The F&O ban is triggered when the open interest in any stock exceeds 95% of the market-wide position limit (MWPL). While trading in derivatives is restricted, these stocks remain available for trading in the cash market.
The stocks under the F&O ban for April 17 include:
On April 16, 2025, Birlasoft share price rose 0.24%, closing at ₹372.10. According to exchange data, the stock recorded a total traded volume of 8.96 lakh shares, resulting in a turnover of ₹33.27 crore.
At the current price, the stock has a market capitalization of ₹10,363.43 crore. Birlasoft trades with a price-to-earnings (P/E) ratio of 17.99x and is part of the Nifty 500 index, belonging to the IT software and consulting sector.
On April 16, 2025, Manappuram Finance share price rose 0.22%, closing at ₹226.82. The total traded volume stood at 27.13 lakh shares, translating to a turnover of ₹61.57 crore, as per exchange data.
The stock currently commands a market capitalization of ₹19,173.44 crore, with a P/E ratio of 9.71x. It is listed on the Nifty 500 index and operates in the Non-Banking Financial Company (NBFC) segment.
On April 16, 2025, Hindustan Copper share price was unchanged from its recent levels, closing at ₹192.54. The stock recorded a total traded volume of 44.81 lakh shares, with a turnover of ₹86.50 crore.
At the current market price, Hindustan Copper has a P/E ratio of 45.15x and belongs to the Nifty 500 index under the Copper and Mining industry.
On April 16, 2025, IREDA share price surged 5.65%, closing at ₹176.39. The stock witnessed a massive trading volume of 1,155.07 lakh shares, resulting in a significant turnover of ₹2,043.08 crore, according to exchange data.
At the current market price, IREDA commands a market capitalization of ₹47,414.86 crore, with a P/E ratio of 26.43x. It is listed under the Nifty Midcap 100 index and operates in the Financial Institution sector.
On April 16, 2025, National Aluminium Company Ltd closed slightly lower at ₹151.22, down 0.15% from its previous close. The stock recorded a solid traded volume of 163.60 lakh shares, with a total turnover of ₹248.25 crore, as per exchange data.
At its current market price, NALCO has a market capitalization of ₹27,768.04 crore and a P/E ratio of 6.52x, reflecting value-based positioning in the Aluminium industry.
The National Stock Exchange (NSE) places stocks under the F&O ban list when the open interest in their derivative contracts exceeds 95% of the market-wide position limit (MWPL). Traders are only allowed to reduce existing positions through offsetting trades. Opening new positions is strictly prohibited and could attract penalties.
Despite the restrictions in the F&O segment, the stocks continue to be available for trading in the cash market.
Nifty weekly futures and options (F&O) contracts typically expire every Thursday. However, if Thursday is a trading holiday, the expiry is advanced to the previous session. All contracts are settled at the normal market closing time on expiry day.
For individual securities, the same rule applies. In trading platforms like MarketWatch, weekly expiry contracts appear under the monthly contract header during the final week, ensuring consistent classification.
As observed, the F&O ban mechanism acts as a regulatory tool to curb excessive speculation and maintain market stability during high-activity sessions like weekly expiries. With multiple stocks under the ban on April 17, 2025, it’s crucial for traders to monitor open interest levels and comply with exchange guidelines. Staying updated with such developments ensures informed participation in the derivatives segment, especially during periods of heightened market action such as the weekly expiry cycle.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 17, 2025, 9:05 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
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