On April 28, 2025, the Sensex climbed 1.27%, rising by 1,005.84 points to end at 80,218.37. Meanwhile, the Nifty 50 advanced 1.20%, closing at 24,328.50.
Positive momentum in financial stocks and mid-cap counters fuelled the sharp rally ahead of the weekly expiry.
As the Sensex weekly expiry approaches on Tuesday, April 29, 2025, the National Stock Exchange (NSE) has imposed a trading ban on 1 stock 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 this stock is restricted, it remain available for trading in the cash market.
The stock under the F&O ban for April 29 include:
RBL Bank shares surged 10.25%, closing at ₹207.05 on April 28. The stock opened at ₹192.65, touched an intraday high of ₹208.75, and dipped to a low of ₹190.70.
The traded quantity stood at 23.48 lakh shares with a turnover of ₹47.58 crore. RBL Bank’s 52-week range spans from ₹146 to ₹272.10.
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.
With RBL Bank entering the F&O ban list for April 29, 2025, traders should exercise caution while dealing with the stock in the derivatives segment. The broader market’s strong rally ahead of the weekly expiry indicates sustained bullish sentiment, but heightened volatility in banned stocks like RBL Bank could impact short-term trading strategies.
Market participants are advised to stay vigilant and manage their positions carefully around expiry events.
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 29, 2025, 9:10 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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