F&O Ban: India Cements, MCX among 9 stocks under trade ban on Thursday
Hindustan Copper, Indiabulls Housing Finance, The India Cements, Manappuram Finance, the Multi Commodity Index of India (MCX), NMDC, RBL Bank and Zee Entertainment Enterprises (ZEEL).
Chambal Fertilizers and Delta Corp 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 BHEL stood at 81.7% on Wednesday with OI reported by Trendlyne at 89.9 million. It was up by 3.1% from the previous session.
MWPL for Hindustan Copper stood at 94.7% on Wednesday with OI reported by Trendlyne at 33 million.
It was down 1.3% from the previous session.
MWPL for The India Cements stood at 87.2% on Wednesday with OI reported by Trendlyne at 21.5 million. It was down 3.2% from the previous session.
MWPL for Indiabulls Housing stood at 95.1% on Wednesday with OI reported by Trendlyne at 51.8 million. It was down 1.8% from the previous session.
MWPL for Manappuram Finance stood at 86.1% on Wednesday with OI reported by Trendlyne at 63.1 million.
It was down 1% from the previous session.
The MWPL for NMDC stood at 83.6% on Wednesday with OI reported by Trendlyne at 78.7 million. It was down 5.4% from the previous session.
The MWPL for RBL Bank stood at 87.7% on Wednesday with OI reported by Trendlyne at 46 million. It was down 3.1% from the previous session.
The MWPL for MCX stood at 85.8% on Wednesday with OI reported by Trendlyne at 2.6 million.
