F&O Ban List: Chambal Fertilizers, GNFC among 10 stocks under trade ban on Thursday
Bandhan Bank, Chambal Fertilizers & Chemicals, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), India Energy Exchange (IEX), India Cements, Indus Towers, Piramal Enterprises (PEL) and RBL Bank.
RBL Bank is the latest entrant into the list.
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%.
Investors who trade in indexes do not encounter a situation of security ban.
The MWPL for ABFRL stood at 84.4% on Wednesday with OI reported by Trendlyne at 38.8 million. It was down 4.5% from the previous session.
The MWPL for Balrampur Chini stood at 97.3% on Wednesday with OI reported by Trendlyne at 11 million. It was down 11% from the previous session.
The MWPL for Bandhan Bank stood at 83% on Wednesday with OI reported by Trendlyne at 91.8 million. It was down by 5.3% from the previous session.
The MWPL for Chambal Fertilizers stood at 91.5% on Wednesday with OI reported by Trendlyne at 10.6 million. It was down 10.9% from the previous session.
For GNFC, the MWPL stood at 91.1% on Wednesday with OI reported by Trendlyne at 6.6 million. It was down 7.9% from the previous session.
MWPL for India Cements stood at 98.6% on Wednesday with OI reported by Trendlyne at 15.1 million. It was down by 7.5% from the previous session.
For IEX, the MWPL stood at 85.6% on Wednesday with OI reported by Trendlyne at 70.1 million. It was down 13.5% from
