Nifty Weekly Expiry Today: Manappuram Finance under F&O ban on February 20, 2025

The Nifty 50 index saw a modest recovery from its intra-day low ahead of the weekly expiry, moving gradually upward on Wednesday, February 19, 2025. Trading remained range-bound, fluctuating between 22,814.85 and 23,049.95 levels.

Despite the limited movement, the index failed to hold above the key 23,000 mark, closing with a minor decline of 12.40 points at 22,932.90.

Stocks Under F&O Ban on Nifty’s Weekly Expiry Day

With the Nifty weekly expiry approaching on Thursday, February 20, 2025, the National Stock Exchange (NSE) has imposed a trading ban on one stock in the futures and options (F&O) segment.

The restriction was implemented after the stock exceeded 95% of the market-wide position limit (MWPL). While F&O trading for the stock is restricted, it remains available for trading in the cash market.

The stocks under the F&O ban for February 20 include:

• Manappuram Finance

On February 19, 2025, Manappuram Finance share price gained 7.21%, closing at ₹202.85. According to BSE data, the stock recorded a total traded volume of 9.25 lakh shares, translating to a turnover of ₹18.39 crore.

At the current price, Manappuram Finance shares are trading at a price-to-earnings (P/E) ratio of 9.55x, based on its trailing 12-month earnings per share (EPS) of ₹21.23, and a price-to-book (P/B) ratio of 1.55, according to exchange data.

Why Are Stocks Under F&O Ban?

According to an NSE statement, certain securities have exceeded 95% of the market-wide position limit and are now under the stock exchange’s ban period. During this time, trading in their derivative contracts is restricted to reducing existing positions through offsetting trades. Initiating new positions is prohibited, and any increase in open positions may result in penal and disciplinary action.

What is Nifty Weekly Expiry Day?

Nifty weekly contracts expire every Thursday unless it coincides with a trading holiday, in which case the expiry shifts to the previous trading day. All contracts are settled at the normal market closing time on the expiry day or at a later time determined by the exchange.

Additionally, if the last Thursday of the expiry period is a trading holiday, the expiry for individual securities moves to the preceding trading session. In MarketWatch, expiry dates are not displayed for the final week’s contracts, as they are classified as monthly contracts, showing only the month’s name and the strike price.

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 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.