On April 21, 2025, the Sensex jumped 1.09%, gaining 855.30 points to close at 79,408.50. The Nifty 50 advanced 1.15%, finishing at 24,125.55.
Market sentiment remained optimistic ahead of the Tuesday weekly expiry, supported by sharp moves in select mid-cap and large-cap stocks.
As the Sensex weekly expiry approaches on Tuesday, April 22, 2025, the National Stock Exchange (NSE) has imposed a trading ban on 5 stocks in the futures and options (F&O) segment.
The ban was triggered as these securities breached 95% of the market-wide position limit (MWPL). While trading in F&O for these stocks is restricted, they remain available for trading in the cash market.
The stocks under the F&O ban for April 22 include:
IREDA shares gained 1.36%, closing at ₹175.70 on April 21. The stock opened at ₹173.60, touched an intraday high of ₹176.45, and dipped to a low of ₹171.10.
The traded quantity stood at 8.47 lakh shares with a turnover of ₹14.74 crore. IREDA’s 52-week range spans from ₹137 to ₹310.
Angel One shares witnessed a sharp gain of 4.47%, ending at ₹2,461.30. It opened at ₹2,362.20 and soared to an intraday high of ₹2,524.85 before hitting a low of ₹2,355.10.
With a turnover of ₹44.69 crore and traded volume of 1.81 lakh shares, the stock remained actively traded. Its 52-week high and low stand at ₹3,502.60 and ₹1,942.00 respectively.
Manappuram Finance rose 1.86%, closing at ₹233.30. The day’s range saw the stock hitting a high of ₹236.35 and a low of ₹229.00 after opening at ₹229.55.
Total traded quantity was 1.98 lakh shares, translating to a turnover of ₹4.61 crore. Its 52-week low is ₹138.40, while the high remains at ₹247.55.
Tata Elxsi registered a significant jump of 9.08%, ending the day at ₹5,344.55. The stock opened at ₹4,801.00, climbed to ₹5,399.05, and didn’t dip below its open price throughout the session.
The session recorded a turnover of ₹104.23 crore with 1.98 lakh shares traded. Tata Elxsi’s 52-week movement ranges between ₹4,601.05 and ₹9,082.90.
Hindustan Copper gained 4.85%, finishing at ₹220.60. The day’s high was ₹221.40 and the low stood at ₹212.90, after the stock opened at ₹214.05.
With a traded volume of 2.49 lakh shares and turnover of ₹5.42 crore, the stock continues to draw interest. It has a 52-week high of ₹415.60 and a low of ₹183.90.
The weekly expiry of Sensex options contracts takes place every Tuesday, with the preceding trading day designated as the expiry if Tuesday is a trading holiday.
Contracts are settled at the normal market closing time on the expiry day or later, as determined by the exchange.
If the last Tuesday of the expiry period is a trading holiday, the expiry for individual securities shifts to the previous trading day.
Interestingly, in the MarketWatch display, the expiry date for last week’s contracts is not shown, as these are treated as monthly contracts. Instead, only the month’s name and the strike price are displayed.
The F&O ban list for April 22, 2025, includes five actively traded stocks—IREDA, Angel One, Manappuram Finance, Tata Elxsi, and Hindustan Copper—highlighting significant investor interest and elevated positions in the derivatives market.
With the Sensex continuing its upward momentum and the weekly expiry ahead, traders should remain cautious of high volatility in these counters.
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 22, 2025, 9:06 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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