F&O Ban: PNB, GNFC among 11 stocks under ban on Monday

economictimes.indiatimes.com:

Delta Corp, Gujarat, Narmada Valley Fertilizers & Chemicals, Granules India, Hindustan Copper, Indiabulls Housing Finance, India Cements, Manappuram Finance, Punjab National Bank (PNB), 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 Chambal Fertilizers stood at 84.9% on Friday with OI reported by Trendlyne at 12 million. It was down 1.5% from the previous session.

For Delta Corp, the MWPL stood at 86.6% with OI at 11.8 million. It was down 1.3% from the previous session. The MWPL for GNFC stood at 93.4% with OI at 8.2 million.

It was down 1.6% from the previous session. The MWPL for Granules India stood at 82% with OI at 10.1 million. It was down 3.4% from the previous session.

The MWPL for Hindustan Copper stood at 105.2% with OI at 27 million. It was down 2.6% from the previous session. The MWPL for Indiabulls Housing stood at 82.9% with OI at 49.4 million.

It was down 0.2% from the previous session. Meanwhile, the MWPL for The India Cements stood at 98.7% with OI at 21.3 million. It was down 1.9% from the previous session.

As for Manappuram Finance, MWPL stood at 107.7% with OI at 71.9 million. It was up 21.8% from the previous session. For SAIL, MWPL stood at 87.5% with OI at 115.3 million.

It was down 2.6% from the previous session. MWPL for ZEEL stood at 83.2% with OI at 81.6 million. It was down 4.3% from the previous session.