Posted 3/22/2024, 1:45:33 AM
7 Stocks Banned from F&O Trade for Exceeding Position Limits; Indian Markets Gain on Fed Rate Cut Hopes
- 7 stocks including Balrampur Chini Mills, Biocon, Indus Towers banned from F&O trade today as they crossed 95% of market-wide position limit
- Stocks still available for trading in cash market
- NSE updates list of banned securities daily
- No fresh positions allowed for F&O contracts of banned stocks
- Indian indices ended higher yesterday led by metals, power, energy stocks
- Global markets rallied after Fed projected 3 rate cuts this year
