F&O Ban: HAL, Indus Towers among 7 stocks under trade ban on Friday
Balrampur Chini Mills, Birlasoft, GNFC, Hindustan Aeronautics, Hindustan Copper, Indus Towers and Piramal Enterprises.
On Friday, Chambal Fertilisers, SAIL, and India Cements emerged from the ban list, while Birlasoft and GNFC were added to it.
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 the index do not encounter a situation of security ban.
The MWPL for Balrampur Chini Mills stood at 86.9% on Thursday, with OI reported by Trendlyne at 8.8 million. It was up by 0.29% from the previous session.
The MWPL for Birlasoft stood at 99% on Thursday, with OI reported by Trendlyne at 11.7 million. It was down by 0.37% from the previous session.
The MWPL for GNFC stood at 158.1% on Thursday, with OI reported by Trendlyne at 7.7 million. It was up by 9.86% from the previous session.
The MWPL for Hindustan Aeronautics stood at 88% on Thursday, with OI reported by Trendlyne at 9.1 million. It was down by 0.49% from the previous session.
The MWPL for Hindustan Copper stood at 87.2% on Thursday, with OI reported by Trendlyne at 28.6 million. It was up by 2.17% from the previous session.
The MWPL for Indus Towers stood at 178.9% on Thursday, with OI reported by Trendlyne at 85.9 million. It was up by 0.67% from the previous session.
The MWPL for Piramal Enterprises stood at 94.5% on Thursday, with OI reported by Trendlyne
