Six stocks, including Indiabulls Housing Finance, Indian Energy Exchange, The India Cements, Bharat Heavy Electricals, Manappuram Finance, and Delta Corp, were put under the F&O ban on Wednesday. Their contracts enter the ban zone when the open interest reaches 95% of the market-wide positions limit. Although banned for F&O trade, the shares will be available for trading in the cash market. Traders in indices aren’t affected by security bans. Indian equities started positively on Tuesday with Nifty hovering near the upper band of consolidation, awaiting a positive trigger for a breakout.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.