Securities banned under the F&O segment include companies where derivative contracts cross 95 percent of the market-wide position limit.
Stocks added to F&O ban: Nil
Stocks retained in F&O ban: RBL Bank
Stocks removed from F&O ban: Bandhan Bank, Granules India, Hindustan Copper, Manappuram Finance
Market wrap up(DWM,T,N,E):The market remained within the previous day’s range on December 24, closing 0.1 percent down ahead of the monthly F&O expiry due on December 26. However, it defended the 200-day EMA (23,700) for another session, while the VIX fell sharply this week. Additionally, the index stayed within the broad range of 23,500-24,000 from last Friday (key support and resistance levels). A decisive breach on either side could determine the future market direction. Until then, consolidation may continue. A break below 23,500 could lead to a test of the November low (23,263), while a move above 24,000 could encounter resistance at 24,300, according to experts The Nifty 50 formed an Inside Bar pattern on the daily charts for another session, signaling caution. The index remained below the 10, 20, 50, and 100-day EMAs (Exponential Moving Averages), which is a negative sign, though it remains slightly above the 200-day EMA. The momentum indicator RSI (Relative Strength Index) at 38 remained in the lower band, and the MACD (Moving Average Convergence Divergence) continued to stay below the zero line, maintaining a negative bias. The Bank Nifty also formed an Inside Bar pattern on the daily timeframe for another session, staying within the previous Friday’s broad range of 1,000 points (50,600-51,600). Furthermore, the index remained below all key moving averages, except for the 200-day EMA. The momentum indicator RSI (at 40.6) stayed in the lower band, and the MACD slipped further below the zero line, signaling a negative outlook. The index was down 0.16 percent.
