NSE Bans Trading on Five Stocks: Here's What You Need to Know
The National Stock Exchange (NSE) has placed five stocks on its trading ban list as of April 22, due to their trading volumes exceeding 95% of the market-wide position limit. This means traders can only reduce their positions and cannot create new ones during this ban period. However, these stocks can still be traded in the cash market. On a brighter note, the stock market saw a significant boost recently, with the Sensex rising over 855 points, primarily driven by strong performance in the banking and IT sectors. This rally reflects a recovery from previous losses linked to tariffs imposed by the US.