The Nifty 50 index experienced a sharp decline this week ahead of the monthly expiry, exhibiting a mixed performance on Tuesday, February 25, 2025. Trading in a range-bound manner, the index fluctuated between 22,625.30 and 22,513.90 levels throughout the session. Despite the limited movement, Nifty 50 closed at 22,547.55, registering a marginal decline of 5.80 points.
Ahead of the Nifty monthly expiry on Thursday, February 27, 2025, the National Stock Exchange (NSE) has imposed a trading ban on one stock in the futures and options (F&O) segment. The restriction was enforced after the security exceeded 95% of the market-wide position limit (MWPL). While F&O trading for the stock remains restricted, it continues to be available for trading in the cash market.
The stocks under the F&O ban for February 27 include:
On February 25, 2025, Manappuram Finance share price jumped 0.49%, closing at ₹205.10. According to BSE data, the stock recorded a total traded volume of 5.69 lakh shares, translating to a turnover of ₹11.68 crore.
At the current price, Manappuram Finance shares are trading at a price-to-earnings (P/E) ratio of 9.66x, based on its trailing 12-month earnings per share (EPS) of ₹21.23, and a price-to-book (P/B) ratio of 1.56, according to exchange data.
The National Stock Exchange (NSE) has announced that certain securities have crossed 95% of the market-wide position limit (MWPL) and are now placed under the exchange’s ban period for derivative contracts.
As per the NSE statement, traders and members are allowed to trade in these securities’ derivative contracts only to reduce their positions through offsetting trades. Any attempt to increase open positions will result in penal and disciplinary action. During the F&O ban period, no new positions can be initiated in the derivative contracts of the affected stocks.
Nifty monthly contracts expire on the last Thursday of each month unless it coincides with a trading holiday, in which case the expiry is advanced to the previous trading day. All contracts are settled at the normal market closing time on expiry day or at a later time determined by the exchange.
If the last Thursday of the expiry period is a trading holiday, the expiry for individual securities is also shifted to the preceding trading session. Notably, in MarketWatch, expiry dates are not displayed for the final week’s contracts, as they are classified as monthly contracts. Instead, only the month’s name and the strike price are shown.
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 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 27, 2025, 8:19 AM IST
Dev Sethia
Dev is a content writer with over 2 years of experience at Business Today, Times of India, and Financial Express. He has also contributed stories in Hindi for BT Bazaar and Khalsa Bandhan News Paper. A journalism postgraduate from ACJ-Bloomberg, Dev enjoys spending his spare time on the cricket pitch.
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