F&O Ban List: IEX, SAIL among 6 stocks under trade ban on Wednesday
Balrampur Chini, Delta Corp, Hindustan Copper, Indian Energy Exchange (IEX), 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 93.7% on Tuesday with OI reported by Trendlyne at 10.7. It was down by 8.4% from the previous session.
The MWPL for Delta Corp stood at 117% on Tuesday with OI reported by Trendlyne at 22.9 million.
It was up by 19.7% from the previous session.
The MWPL for Hindustan Copper stood at 86.8% on Tuesday with OI reported by Trendlyne at 34.2 million. It was down by 2.5% from the previous session.
MWPL for IEX stood at 97.8% on Tuesday with OI reported by Trendlyne at 84.6 million. It was up 8.2% from the previous session.
The MWPL for SAIL stood at 102% on Tuesday with OI reported by Trendlyne at 171.1 million.
It was down by 5.3% from the previous session.
For ZEEL, the MWPL stood at 96% on Tuesday with OI reported by Trendlyne at 113.1 million. It was up 6% from the previous session.
Indian benchmark indices ended Tuesday in the red amid selling pressure in IT and auto stocks. The S&P BSE Sensex finished at 71,892.48, down by 379.46 points or 0.53%.
