Sensex Weekly Expiry: Manappuram Finance Under F&O Ban on June 3

On June 2, 2025, Sensex ended the session with a fall of 0.09% to 81,373.75. The market witnessed selling pressure amid US trade tariffs tensions.

Sensex Weekly Expiry: Stocks Under F&O Ban 

As the Sensex weekly expiry approaches on Tuesday, June 3, 2025, the National Stock Exchange (NSE) has imposed a trading ban on 2 stocks in the futures and options (F&O) segment. 

The ban was triggered as these securities breached 95% of the market-wide position limit (MWPL). While trading in F&O for this stock is restricted, it remains available for trading in the cash market.

The stocks under the F&O ban for June 3 include:

Manappuram Finance

Manappuram Finance shares closed lower with a drop of 0.59% to ₹237.25 on BSE after reaching a day low of ₹235.85.

Manappuram Finance Ltd reported a standalone profit after tax (PAT) before other comprehensive income (OCI) of ₹414.3 crore for the fourth quarter of FY25, reflecting a marginal year-on-year decline of 3.3% compared to ₹428.3 crore in Q4 FY24. While quarterly earnings showed a slight dip, the company posted a robust full-year performance. PAT (before OCI) for FY25 rose to ₹1,783.3 crore, marking a solid 7.6% growth over the ₹1,657.8 crore recorded in FY24.

What is the Sensex Weekly Expiry?

Sensex options contracts are set to expire every Tuesday. If a Tuesday happens to be a trading holiday, the contract expiry is advanced to the preceding trading day.

Settlement for these contracts takes place at the normal market closing time on the expiry day, unless the exchange specifies a different time.

Additionally, if the final Tuesday of the expiry cycle is a holiday, the expiry for individual securities under the same series is also brought forward to the previous trading day.

Also Read: Corporate Actions in Focus, June 02-06: L&T, TCS to Trade Ex-Dividend; Bonus, Stock Split and More Ahead

Conclusion

The BSE Sensex witnessed a fall ahead of the weekly expiry amid US trade tariffs tension. Manappuram Finance remains on the F&O ban list, reflecting heightened speculative activity and breaches of market-wide position limits. With expiry-related volatility likely to persist, investors are advised to exercise caution and stay vigilant to stock-specific movements, particularly within the derivatives space.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.