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Manappuram Share Price in Focus; NSE Puts It on F&O Ban List on Feb 18

Written by: Nikitha DeviUpdated on: Feb 18, 2025, 11:08 AM IST
Manappuram share price in focus on Tuesday. NSE placed Deepak Nitrite & Manappuram Finance under the F&O ban on Feb 18 as they exceeded 95% of MWPL.
Manappuram Share Price in Focus; NSE Puts It on F&O Ban List on Feb 18
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Manappuram Finance Limited has been in focus on Tuesday. On February 18, 2025, Manappuram share price opened at ₹191.63, down from its previous close of ₹193.29. At 10:53 AM, the share price of Manappuram was trading at ₹192.07, down by 0.63% on the NSE.

NSE F&O Ban List on February 18, 2025

The National Stock Exchange (NSE) placed Deepak Nitrite Ltd and Manappuram Finance Ltd under the Futures and Options (F&O) ban on Tuesday, February 18, 2025. This action was taken as both stocks exceeded 95% of the market-wide position limit (MWPL).

Despite the ban in the F&O segment, these stocks will still be available for trading in the cash market. The NSE regularly updates the list of securities under the F&O ban based on their trading activity and position limits.

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

The NSE monitors MWPL to ensure market stability and prevent excessive speculation. Traders are advised to keep track of the daily F&O ban list to manage their positions effectively. The exchange will review the status of these stocks and update the ban list accordingly in the coming sessions.

No new positions are allowed when the stock exchanges place F&O contracts in a particular stock in the ban period.

 

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: Feb 18, 2025, 11:08 AM IST

Nikitha Devi

Nikitha is a content creator with 6+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.

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