Market Watch: Dixon Technologies, Mahanagar Gas Embroiled in F&O Ban List on January 22
Mumbai (Alayaran.com via STT NewsWire) - The National Stock Exchange (NSE) has confirmed that 10 stocks have been added to the forward and option (F&O) ban list for trading on January 22. Key companies affected by this move include Dixon Technologies Limited and Mahanagar Gas Company Limited.
According to sources, these two companies are among the top 10 constituents to be barred from F&O transactions, a move aimed at preventing market volatility and addressing concerns of high speculative activity in the sectors. The NSE has been closely monitoring trading volumes on certain stocks over the past week, following an uptick in futures contracts, options contracts and speculative positions.
Stock traders will now find these 10 companies out of range for F&O transactions to avoid taking excessive risks due to heavy trading in derivatives with these stocks involved in January's trading session.