Wockhardt in
F&O ban period
One out of
145 stocks in the futures & options segment is in the ban period as the
market-wide position limits has crossed the 95 per cent mark.
The derivative contracts of Wockhardt has crossed 95 per cent of the market-wide position limit and is currently in the ban period
As per the
exchange regulations, only existing trades can be settled during the ban phase.
However, fresh positions, if any, created attract a penalty of Rs 5,000 per
contract.
It is
hereby informed that all clients/members shall trade in the derivative
contracts of said security only to decrease their positions through offsetting
positions.
Any
increase in open positions shall attract appropriate penal and disciplinary
action in accordance with the Circular No. NSCC/F&O/C&S/365 dated
August 26, 2004. For more details contact 8122363668 www.jackpotfutures.com
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