The National Stock Exchange (NSE) has banned trading a single stock, Adani Ports,  from the Adani Group within the futures and options (F&O) segment beginning on Monday, February 6, 2023. . According to the NSE, the stock has been placed on hold in the F&O section after exceeding the MWPL by 95%.

Adani Ports is still on the F&O ban list, while Ambuja Cements, which was on it in previous sessions, has been taken off as of today by the stock exchange. Every day, the NSE updates its list of securities that are banned from trading in F&O.

Adani Ports and Special Economic Zone Limited (APSEZ) shares have been under pressure since last week as a result of the sell-off in Adani Group stocks and worries surrounding the report by US-based short seller Hindenburg Research.

The stock exchange has currently placed the derivative contracts in the aforementioned securities that have exceeded 95% of the market-wide position limit under the ban period, according to NSE.

The stock exchange stated that all clients and members must only trade in the derivative contracts of the aforementioned assets to reduce their positions through offsetting positions. The NSE said, "Any increase in open jobs shall incur relevant disciplinary and criminal sanctions."

For any of the F&O contracts on that specific stock while it is in the F&O ban period, no new holdings are permitted. The Market-wide position limits (MWPL), which is the maximum number of contracts that may be open at any given moment (open interest), is determined by the stock exchanges. Therefore, if the open interest of a stock surpasses 95% of the MWPL, the F&O contracts for that stock enter a ban period.

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