F&O Ban List: Canara Bank, Piramal Enterprises among 10 stocks under trade ban on Friday
stocks are under F&O trade ban on Friday viz. Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini, Biocon, Canara Bank, GMR Airports and Infrastructure, Piramal Enterprises (PEL), Punjab National Bank (PNB), Steel Authority of India (SAIL), Vodafone Idea and Zee Entertainment Enterprises.
The latest entrants are Canara Bank and PEL.
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 ABFRL stood at 82.2% on Thursday with OI reported by Trendlyne at 37.8 million. It was down 0.7% from the previous session.
The MWPL for Balrampur Chini stood at 94.3% on Thursday with OI reported by Trendlyne at 12.3 million. It was down 1.6% from the previous session.
The MWPL for Canara Bank stood at 92% on Thursday with OI reported by Trendlyne at 66.2 million. It was down 4.7% from the previous session.
The MWPL for GMR Airports stood at 89.7% on Thursday with OI reported by Trendlyne at 226.2 million. It was down 1.9% from the previous session.
MWPL for PEL stood at 85.9% on Thursday with OI reported by Trendlyne at 10.8 million. It was down 18.2% from the previous session.
The MWPL for PNB stood at 87.6% on Thursday with OI reported by Trendlyne at 280.4 million. It was down 5.9% from the previous session.
The MWPL for SAIL stood at 89.7% on Thursday with OI
