stocks are under F&O trade ban on Thursday viz. Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini, Biocon, GMR Airports and Infrastructure, Vodafone Idea, Punjab National Bank (PNB), Steel Authority of India (SAIL) and Zee Entertainment Enterprises.
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 83.5% on Monday with OI reported by Trendlyne at 38.6 million. It was down 1.4% from the previous session.
The MWPL for Balrampur Chini stood at 96.8% on Monday with OI reported by Trendlyne at 12.5million. It was down 1% from the previous session.
For Biocon, the MWPL stood at 81.9% on Monday with OI reported by Trendlyne at 50.6 million. It was down 0.8% from the previous session.
The MWPL for GMR Airports stood at 92.4% on Monday with OI reported by Trendlyne at 235.6 million. It was down 1.2% from the previous session.
The MWPL for PNB stood at 92.5% on Monday with OI reported by Trendlyne at 305.6 million. It was down 3% from the previous session.
The MWPL for SAIL stood at 92.2% on Monday with OI reported by Trendlyne at 176.1 million. It was down by 0.7% from the previous session.
The MWPL for Vodafone Idea stood at 91.7% on Monday with OI reported by Trendlyne at 3.5 billion. It was down 0.2% from the previous session.
The