The Nifty 50 index witnessed recovery ahead of its weekly expiry, showing a gradual upside on Wednesday, March 05, 2025. The index traded within a range-bound manner, oscillating between 22,067.80 and 22,394.90 levels. Despite the constrained movement, the Nifty 50 closed above the key 22,300 mark, ending the day with gains of 254.65 points at 22,337.30.
Ahead of the Nifty weekly expiry on Thursday, March 6, 2025, the National Stock Exchange (NSE) has placed one stock under a trading ban in the futures and options (F&O) segment. The restriction was imposed after the stock breached 95% of the market-wide position limit (MWPL). While F&O trading is restricted, the stock remains available for trading in the cash market.
The stocks under the F&O ban for March 06 include:
On March 05, 2025, Manappuram Finance’ share price jumped 3.06%, closing at ₹203.65. According to BSE data, the stock recorded a total traded volume of 4.35 lakh shares, translating to a turnover of ₹8.77 crore.
At the current price, Manappuram Finance shares are trading at a price-to-earnings (P/E) ratio of 9.59x, based on its trailing 12-month earnings per share (EPS) of ₹21.23, and a price-to-book (P/B) ratio of 1.55, according to exchange data.
The National Stock Exchange (NSE) has placed a stock under its F&O ban period after its derivative contracts exceeded 95% of the market-wide position limit (MWPL). As per the NSE, traders can only reduce existing positions through offsetting trades, while new positions are prohibited.
Any attempt to increase open positions could lead to penal and disciplinary action. Despite the restriction in the F&O segment, the stock remains available for cash market trading.
Nifty weekly futures and options (F&O) contracts typically expire every Thursday, unless it falls on a trading holiday, in which case the expiry shifts to the previous trading session. All contracts are settled at the normal market closing time on expiry day or at a later time as determined by the National Stock Exchange (NSE).
For individual securities, if the last Thursday of the expiry period is a holiday, the expiry moves to the preceding trading session. Notably, in MarketWatch, expiry dates for the final week’s contracts are not displayed, as they are classified as monthly contracts, showing only the month’s name and strike price.
The National Stock Exchange (NSE) has announced that starting April 4, 2025, all Nifty index weekly futures and options (F&O) contracts will expire on Monday instead of Thursday. Additionally, the expiry for Bank Nifty, FinNifty, Nifty Midcap Select, and Nifty Next50 F&O contracts will also shift to the last Monday of the expiry month.
According to NSE, this change will come into effect from April 4, 2025, and all existing contracts will be revised to the new expiry day on April 3, 2025 (EOD).
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: Mar 6, 2025, 7:54 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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