Alice Blue Home
URL copied to clipboard

Trending News

Zee Stays Banned; SAIL, Hindustan Copper on Edge of NSE’s F&O Restrictions

Zee Entertainment stays on NSE's F&O ban list, while SAIL, Hindustan Copper, and India Cements near the 95% MWPL threshold, risking trading restrictions due to high speculation risks.

Zee Entertainment remains the sole stock on the National Stock Exchange’s futures and options (F&O) ban list for trading on June 6 due to exceeding the market-wide position limit (MWPL). Stocks enter this ban when their open interest surpasses 95% of the MWPL.

Invest in Direct Mutual Funds IPOs Bonds and Equity at ZERO COST

SAIL, Hindustan Copper, and India Cements are on the brink of entering the F&O ban list, with their respective percentages nearing the critical 95% threshold. This action restricts trading to prevent excessive speculation and maintain market integrity.

SAIL’s recent performance shows a significant decline, dropping 12.09% over the last month. It is currently underperforming its 20-day and 50-day moving averages, although it stays above its 200-day moving average, hinting at longer-term stability despite recent dips.

Hindustan Copper has also seen a downturn, with a 14.46% fall over the past month. Similar to SAIL, this stock remains below its short-term moving averages but above the 200-day, indicating persistent challenges in the shorter term but some resilience on a longer timeline.

India Cements has experienced a smaller decline of 3.41% within the same period but is underperforming across all measured moving averages, signaling broader market challenges. No stocks are projected to be removed from the F&O ban on June 6, 2024.

Loading
Submit the form, and get to know how you scored!!!
Submit the form, and get to know how you scored!!!
Read More News
Q3 FY24 में फर्टिलाइज़र स्टॉक का राजस्व 16.45% बढ़कर ₹283.72 करोड़ हुआ, मजबूत बाजार प्रदर्शन को दर्शाता है।

फर्टिलाइज़र स्टॉक में 6% तेजी, कंपनी के नेट प्रॉफिट में 16.45% की वार्षिक वृद्धि की घोषणा के बाद।

फर्टिलाइज़र स्टॉक ने Q3 FY24 में मजबूत प्रदर्शन किया, जिसमें परिचालन से राजस्व 16.45% बढ़कर ₹283.72 करोड़ हो गया। यह

Open Demat Account With

Account Opening Fees!

Enjoy New & Improved Technology With
ANT Trading App!