F&O Ban: Granules India, BHEL among 7 stocks under trade ban on Tuesday
Balrampur Chini, Bharat Heavy Electricals (BHEL), Hindustan Petroleum Corporation (HPCL), Hindustan Copper, Indiabulls Housing Finance, Granules India and Zee Entertainment Enterprises (ZEEL).
India Cements, MCX and Manappuram Finance have moved out of the ban.
The Future & Options 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 index do not encounter a situation of security ban.
The MWPL for Balrampur Chini stood at 87.8% on Friday with OI reported by Trendlyne at 5.9 million.
It was down by 20.2% from the previous session.
The MWPL for BHEL stood at 105.1% on Friday with OI reported by Trendlyne at 50.3 million. It was down by 41.4% from the previous session.
The MWPL for Granules India stood at 96.9% on Friday with OI reported by Trendlyne at 8.1 million. It was down 22.1% from the previous session.
MWPL for Hindustan Copper stood at 89.9% on Friday with OI reported by Trendlyne at 31.7 million. It was down 3.9% from the previous session.
MWPL for Hindustan Petroleum stood at 80.9% on Friday with OI reported by Trendlyne at 29.3 million.
It was down 7.4% from the previous session.
MWPL for Indiabulls Housing stood at 90.7% on Friday with OI reported by Trendlyne at 50.4 million. It was down 1.7% from the previous session.
For ZEEL, MWPL stood at 80.5% on Friday with OI reported by Trendlyne at 90.3 million. It was down 1.9% from the previous session.
Indian benchmark indices ended in the red on Friday registering their second successive loss.
