F&O Ban List: IEX among 13 stocks under trade ban on Thursday; Biocon, PEL exit
Aditya Birla Fashion and Retail (ABFRL), Ashok Leyland, Bandhan Bank, Chambal Fertilizers & Chemicals, Delta Corp, Hindustan Copper, Indian Energy Exchange (IEX), Metropolis Healthcare, National Aluminium Company, Polycab India, PVR Inox, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL).
Biocon, The India Cements, Indus Towers, and Piramal Enterprises 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 ABFRL stood at 90.4% on Wednesday with OI reported by Trendlyne at 29.8 million. It was up 8.1% from the previous session.
The MWPL for Ashok Leyland stood at 87.1% on Wednesday with OI reported by Trendlyne at 89.5 million. It was down 5.8% from the previous session.
The MWPL for Bandhan Bank stood at 81.8% on Wednesday with OI reported by Trendlyne at 93.5 million.
It was down 3.8% from the previous session.
The MWPL for Chambal Fertilizers stood at 81.2% on Wednesday with OI reported by Trendlyne at 10.5 million. It was down 9.4% from the previous session.
The MWPL for Delta Corp stood at 86.5% on Wednesday with OI reported by Trendlyne at 14.4 million. It was down by 2.5% from the previous session.
The MWPL for Hindustan Copper stood at 85.6% on Wednesday with OI reported by Trendlyne at 27.6 million.
