NSE Bans 13 Stocks from F&O Trade on January 18th to Curb Excessive Speculation
• 13 stocks including IEX, Metropolis, SAIL placed under F&O ban by NSE for trade on January 18th • Stocks crossed 95% of market-wide position limit; fresh positions not allowed • Ban intended to decrease positions; increasing open positions will attract penalties • Indian indices Sensex, Nifty fell over 2% each on January 17th on broad-based selling • Ban list updated daily by NSE; stocks still available for trading in cash market