On September 25, the National Stock Exchange (NSE) placed five stocks on its Futures and Options (F&O) ban list, restricting new positions due to their exceeding 95% of the market-wide position limit. The affected stocks include Aditya Birla Fashion, Granules India, Hindustan Copper, Vodafone Idea, and IEX. While trading in these stocks is prohibited in the F&O segment, they remain available for trading in the cash market, allowing investors some flexibility. The stock market experienced notable fluctuations recently, with the benchmark Sensex reaching a new peak of 85,163.23 before closing slightly lower, reflecting profit-taking among investors.
Stock Market Today 2024
Meanwhile, the Nifty index also saw record highs, climbing to 26,011.55 during intraday trading. This volatility highlights the ongoing investor sentiment influenced by broader economic factors, including recent stimulus measures announced by China. As market dynamics continue to evolve, investors should stay informed about the latest updates, including the implications of the F&O ban and the overall market performance. Understanding these movements can provide valuable insights for making informed trading decisions.