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: Nil
Stocks removed from F&O ban: RBL Bank
Market wrap up(DWM,T,N,E):The Nifty 50 closed the rangebound trade on a flat note, rising 0.1 percent on December 26, the expiry session for monthly Futures & Options contracts. The upside has been capped at the 23,850 level (which coincides with the 200-day SMA) and the downside at the 23,650-23,700 zone (which somewhat coincides with the 200-day EMA) for the third consecutive session. The breaking of this trading range on either side can give firm direction to the index, with 24,000 being the next target on the higher side and 23,500 being the support on the lower side, experts said. The Nifty 50 continued to form an inside bar kind of pattern on the daily charts for the third straight session, indicating rangebound trading. The index remained below the 10, 20, 50, and 100-day EMAs (Exponential Moving Averages) (though it sustained a tad above the 200-day EMA), indicating bearish sentiment. The momentum indicator RSI (Relative Strength Index at 38.8) and MACD (Moving Average Convergence Divergence) falling below the zero line indicated negative bias. The Bank Nifty formed a bearish candlestick pattern with sizeable upper and lower shadows on the daily charts, indicating volatility and being rangebound, though it made an attempt to cross the 100-day EMA intraday. Overall, the sentiment remains bearish given the index trading below 10, 20, 50, and 100-day EMAs. Also, the RSI (at 40) and MACD dropped further below the zero line, showing a negative bias.
