F&O Ban List: GNFC, Escorts Kubota among 11 stocks under trade ban on Friday
stocks are under the F&O ban list on Friday, January 5 viz. Balrampur Chini, Chambal Fertilizers, Delta Corp, Escorts Kubota, Gujarat Narmada Valley Fertilizers (GNFC), Hindustan Copper, Indian Energy Exchange (IEX), The India Cements, National Aluminium Company, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL).
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 Balrampur Chini stood at 90% on Thursday with OI reported by Trendlyne at 10.4. It was down by 1.3% from the previous session.
The MWPL for Chambal Fertilizers stood at 108.8% on Thursday with OI reported by Trendlyne at 16.6 million.
It was up 2.6% from the previous session.
The MWPL for Delta Corp stood at 102% on Thursday with OI reported by Trendlyne at 20.9 million. It was down by 4.5% from the previous session.
The MWPL for Escorts stood at 102.6% on Thursday with OI reported by Trendlyne at 3.9 million. It was up 13.7% from the previous session.
For GNFC, the MWPL stood at 91.5% on Thursday with OI reported by Trendlyne at 9.1 million.
It was up 5.2% from the previous session.
The MWPL for Hindustan Copper stood at 81.1% on Thursday with OI reported by Trendlyne at 32.5 million. It was down by 2.8% from the previous session.
MWPL for IEX stood at 89.8% on Thursday with OI reported by Trendlyne at 79 million. It was up 3.5% from the previous session.
MWPL for India Cements stood at 110.3% on Thursday with OI reported by Trendlyne at 27 million.
