The National Stock Exchange (NSE) announced a ban on trading in 4 stocks in the futures and options (F&O) segment on Tuesday, January 28, 2025, as these securities breached 95% of the market-wide position limit (MWPL). However, these stocks remain available for trading in the cash market.
The four stocks placed on the NSE’s F&O ban list for January 28 are:
On January 28, 2025, IndiaMART InterMESH share price ended 0.20% higher at ₹2,086.70. IndiaMART InterMESH share price reached a 52-week high of ₹3,198.95, and a 52-week low of ₹2,045.80. As per BSE, the total traded volume for the stock stood at 0.18 lakh shares with a turnover of ₹3.78 crore.
At the current price, IndiaMART InterMESH shares are trading at a price-to-earnings (P/E) ratio of 26.76x, based on its trailing 12-month earnings per share (EPS) of ₹77.99, and a price-to-book (P/B) ratio of 6.54, according to exchange data.
On January 28, 2025, Manappuram Finance share price ended 6.28% lower at ₹184.45. Manappuram Finance share price reached a 52-week high of ₹230.25, and a 52-week low of ₹138.40. As per BSE, the total traded volume for the stock stood at 7.32 lakh shares with a turnover of ₹13.87 crore.
At the current price, Manappuram Finance shares are trading at a price-to-earnings (P/E) ratio of 8.81x, based on its trailing 12-month earnings per share (EPS) of ₹20.94, and a price-to-book (P/B) ratio of 1.40, according to exchange data.
On January 28, 2025, Mahanagar Gas share price ended 1.48% lower at ₹1,258.75. Mahanagar Gas share price reached a 52-week high of ₹1,988.55, and a 52-week low of ₹1,075.00. As per BSE, the total traded volume for the stock stood at 0.22 lakh shares with a turnover of ₹2.74 crore.
At the current price, Mahanagar Gas shares are trading at a price-to-earnings (P/E) ratio of 10.82x, based on its trailing 12-month earnings per share (EPS) of ₹116.37, and a price-to-book (P/B) ratio of 2.25, according to exchange data.
On January 28, 2025, Punjab National Bank share price ended 2.05% lower at ₹95.55. Punjab National Bank’s share price reached a 52-week high of ₹142.90, and a 52-week low of ₹92.35. As per BSE, the total traded volume for the stock stood at 6.64 lakh shares with a turnover of ₹6.38 crore.
At the current price, Punjab National Bank shares are trading at a price-to-earnings (P/E) ratio of 8.58x, based on its trailing 12-month earnings per share (EPS) of ₹11.13, and a price-to-book (P/B) ratio of 0.90, according to exchange data.
The NSE updates the F&O ban list daily. Derivative contracts for these stocks exceeded the 95% MWPL and were placed under the stock exchange’s ban period.
“All clients/members shall trade in the derivative contracts of said securities only to reduce their positions through offsetting trades. Any increase in open positions will attract penal and disciplinary action,” stated the NSE.
When securities are placed under the ban period, no new positions are permitted in the F&O contracts of the affected stocks.
On Monday, January 27, 2025, key indices tumbled to their lowest levels in more than seven months, triggered by widespread selling and uncertainties over U.S. trade policy. The sharp decline resulted in a significant loss of ₹9.28 lakh crore in market wealth.
Bajaj Auto, Cipla, Hyundai Motor India, Indian Oil Corporation, BHEL, Bosch, JSW Energy, JSW Infrastructure, CG Power and Industrial Solutions, Colgate Palmolive, CSB Bank, Exide Industries, GMR Airports, Hindustan Zinc, Home First Finance Company, Le Travenues Technology, Mahindra & Mahindra Financial Services, Mahanagar Gas, Motilal Oswal Financial Services, Novartis India, Piramal Pharma, RITES, Route Mobile, R R Kabel, SBI Cards and Payment Services, SIS, Star Health and Allied Insurance Company, Baazar Style Retail, Suzlon Energy, TTK Prestige, TVS Motor Company, and UTI AMC will announce their quarterly earnings on January 28.
The market breadth remained highly negative, with 3,588 stocks declining, 532 advancing, and 114 remaining unchanged.
The sharp sell-off reflects a cautious stance among investors amidst rising global uncertainties, adding to the market volatility.
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: Jan 28, 2025, 8:22 AM IST
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