stocks are under the Future & Options (F&O) trade ban on Thursday, viz. Aditya Birla Capital, Balrampur Chini Mills, Bandhan Bank, Biocon, Hindustan Copper, Vodafone Idea, IEX, Indian Cements, Metropolis Healthcare, National Aluminium, Piramal Enterprises, Punjab National Bank, and Zee Entertainment Enterprises.
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 (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 Aditya Birla Capital stood at 85.4% on Wednesday with OI reported by Trendlyne at 5.7 million. It was down 0.82% from the previous session.
The MWPL for Balrampur Chini stood at 82.9% on Wednesday with OI reported by Trendlyne at 11.4 million. It was down 0.23% from the previous session.
The MWPL for Bandhan Bank stood at 89.3% on Wednesday with OI reported by Trendlyne at 96.5 million. It was up 0.08% from the previous session.
The MWPL for Biocon stood at 82.1% on Wednesday with OI reported by Trendlyne at 42.8 million. It was up 0.07% from the previous session.
The MWPL for Hindustan Copper stood at 135.8% on Wednesday with OI reported by Trendlyne at 26.8 million. It was down 4.03% from the previous session.
The MWPL for Vodafone Idea stood at 82.2% on Wednesday with OI reported by Trendlyne at 3.1 billion. It was down 0.52% from the previous session.
The MWPL for IEX stood at 88.1% on Wednesday with