Indian markets witnessed significant developments today, May 27, 2024. Nine stocks, including Vodafone Idea and Bandhan Bank, were placed under the F&O ban list by the NSE for exceeding market-wide position limits. The Indian Air Force’s 18 Squadron, equipped with indigenous Tejas aircraft, became operational at Sulur. Apple’s iPhone SE 4 made its debut in India, while budget carrier Go First resumed flight operations after filing for bankruptcy. The highly anticipated IPO of Awfis Space Solutions is set to close today. Additionally, the results for major school board exams, including RBSE 10th and MSBSHSE 10th, are expected to be released.
Results for: F&O ban
Due to exceeding 95% of the market-wide position limit (MWPL), six stocks have been banned from trading under the futures and options (F&O) segment on the National Stock Exchange (NSE) on Tuesday, April 23, 2024. The stocks include SAIL and ZEEL, among others. The impacted stocks will still be available for trade in the cash market.