F&O Ban: Balrampur Chini, ZEEL among 9 stocks under trade ban on Friday
Hindustan Copper, The India Cements, Manappuram Finance, the Multi Commodity Index of India (MCX), Indiabulls Housing Finance, RBL Bank and Zee Entertainment Enterprises (ZEEL).
BHEL and Indiabulls Housing Finance have moved out of the ban.
The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
Traders who trade in indices do not encounter a situation of security ban.
The MWPL for Balrampur Chini Mills stood at 105.6% on Thursday with OI reported by Trendlyne at 7.4 million. It was down by 12.6% from the previous session.
MWPL for Hindustan Copper stood at 89.9% on Thursday with OI reported by Trendlyne at 31.7 million.
It was down 3.9% from the previous session.
MWPL for Hindustan Petroleum stood at 95% on Thursday with OI reported by Trendlyne at 44.1 million. It was down 8.8% from the previous session.
MWPL for India Cements stood at 85.3% on Thursday with OI reported by Trendlyne at 21.1 million. It was down 1.8% from the previous session.
MWPL for Manappuram Finance stood at 82.4% on Thursday with OI reported by Trendlyne at 60.5 million.
It was down 4.1% from the previous session.
MWPL for Indiabulls Housing stood at 93.1% on Thursday with OI reported by Trendlyne at 51.3 million. It was down 0.8% from the previous session.
The MWPL for RBL Bank stood at 82.3% on Thursday with OI reported by Trendlyne at 43.7 million. It was down 4.9% from the previous session.
The MWPL for MCX stood at 80.1% on Thursday with OI reported by Trendlyne at 2.6 million.
