Buzzing Stocks | Aurobindo Pharma, GR Infra, Power Grid, others in news today

Buzzing Stocks | Aurobindo Pharma, GR Infra, Power Grid, others in news today

Stocks In the News: Check out the companies making headlines before the opening bell.





March 29, 2022 / 08:16 AM IST





PVR: Total three stocks are banned from trading in the futures and options segment by the National Stock Exchange on March 29 after these securities crossed 95 percent of the market-wide position limit. The exchange has added one fresh stock to the list and removed three for Tuesday. PVR, which announced merger with its competitor Inox Leisure, is the latest addition to the ban list. "All clients/members shall trade in the derivative contracts of said security only to decrease their positions through offsetting positions. Any increase in open positions shall attract appropriate penal and disciplinary action,” the NSE said. During the ban, traders are not allowed to take fresh positions in stocks under the F&O ban, but they can start reducing their positions. The F&O ban rule helps reduce speculation in a stock. PVR and INOX Leisure announced a merger deal to create the largest multiplex chain in the country with a network of more than 1,500 screens. The boards of directors of the two companies at their meetings held on Sunday approved