On May 5, 2025, the Sensex rose 0.37%, gaining 294.85 points to close at 80,796.84. The uptrend was driven by a sharp drop in crude oil prices, a weak dollar, and strong foreign institutional investor (FII) inflows into Indian equities.
As the Sensex weekly expiry approaches on Tuesday, May 06, 2025, the National Stock Exchange (NSE) has imposed a trading ban on 1 stock 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 remain available for trading in the cash market.
The stock under the F&O ban for May 6 include:
RBL Bank shares rose 2.30%, closing at ₹204.80 on May 5. The stock opened at ₹200.30, hit an intraday high of ₹207.15, and touched a low of ₹200.05.
The traded quantity stood at 4.97 lakh shares with a turnover of ₹10.14 crore. RBL Bank’s 52-week range remains between ₹146 and ₹272.10.
Despite the moderate gain, trading volume was below the two-week average of 11.54 lakh shares, indicating cautious investor sentiment. The stock continues to remain on the F&O ban list, reflecting elevated open interest levels.
The weekly expiry of Sensex options contracts takes place every Tuesday, with the preceding trading day designated as the expiry if Tuesday is a trading holiday.
Contracts are settled at the normal market closing time on the expiry day or later, as determined by the exchange.
If the last Tuesday of the expiry period is a trading holiday, the expiry for individual securities shifts to the previous trading day.
Interestingly, in the MarketWatch display, the expiry date for last week’s contracts is not shown, as these are treated as monthly contracts. Instead, only the month’s name and the strike price are displayed.
Read More: SEBI Panel to Review F&O Norms: Key Decisions on Index Options and Expiry Day Expected.
The Sensex witnessed a modest uptick ahead of the weekly expiry, buoyed by favourable global cues such as falling crude oil prices and sustained FII inflows.
Meanwhile, RBL Bank’s continued presence on the F&O ban list highlights elevated speculative interest and market-wide position limit breaches. As expiry-related volatility unfolds, investors are advised to remain cautious and monitor stock-specific developments closely, especially in the derivatives segment.
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.
Published on: May 6, 2025, 8:58 AM IST
Neha Dubey
Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
Get the link to download the App
