F&O Ban: Manappuram Finance, SAIL among 8 stocks under trade ban on Friday
Delta Corp, Hindustan Copper, Indiabulls Housing Finance, The India Cements, Manappuram Finance, Zee Entertainment Enterprises (ZEEL) and Steel Authority of India (SAIL). National Aluminium Company is 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.
MWPL for Balrampur Chini stood at 110.9% on Thursday with OI reported by Trendlyne at 10.7. It was down by 1.5% from the previous session.
MWPL for Delta Corp stood at 83.9% on Thursday with OI reported by Trendlyne at 14.8 million. It was down by 1.1% from the previous session.
MWPL for Indiabulls Housing Finance stood at 84.2% on Thursday with OI reported by Trendlyne at 54.6 million. It was down by 5.3% from the previous session.
MWPL for Hindustan Copper stood at 100.8% on Thursday with OI reported by Trendlyne at 39.2 million.
It was down by 1.6% from the previous session.
MWPL for Manappuram Finance stood at 106.5% on Thursday with OI reported by Trendlyne at 76.8 million. It was up 12.4% from the previous session.
MWPL for India Cements stood at 90.5% on Thursday with OI reported by Trendlyne at 22 million. It was down 2.7% from the previous session.
For ZEEL, MWPL stood at 90.9% on Thursday with OI reported by Trendlyne at 97.6 million. It was down 5.3% from the previous session.
The MWPL for SAIL stood at 119.5% on Thursday with OI reported by Trendlyne at 165.6 million.
