Sensex Today Live: RBL Bank, IEX, IRCTC, and 8 Others Placed Under F&O Ban List

Sensex Today Live: RBL Bank, IEX, IRCTC, and 8 Others Placed Under F&O Ban List

VoM News Desk | January 23, 2024 | 10:13 AM IST | Breaking News | Follow on Google News

Sensex Today Live: RBL Bank, IEX, IRCTC, and 8 Others Placed Under F&O Ban List

Sensex Today Live: RBL Bank, IEX, IRCTC, and 8 Others Placed Under F&O Ban List

As of January 23, 2024, a comprehensive analysis of December-quarter financial results from 227 BSE-listed companies reveals an 18.1% year-on-year increase in combined revenue. Simultaneously, net profits have risen by 16.2%, according to a Mint analysis.

Excluding banking, financial services, and insurance (BFSI) sectors, the topline growth stands at 5.3%, with profits showing a 7.1% uptick.

Additionally, specific stocks, including Aditya Birla Fashion and Retail, Balrampur Chini Mills, Delta Corp, IEX, IRCTC, National Aluminium Company, Oracle Financial Services Software, Polycab, RBL Bank, SAIL, and ZEEL, have been placed under the futures and options (F&O) segment’s ban list by the National Stock Exchange (NSE).

This action is due to these securities crossing 95% of the market-wide position limit (MWPL) and will impact the futures and options trading but not the cash market.

VoM News Desk

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