F&O Ban: RBL Bank, Hindustan Copper among 8 stocks under trade ban on Monday
Delta Corp, Hindustan Copper, The India Cements, Manappuram Finance, the Multi Commodity Index of India (MCX), RBL Bank and Zee Entertainment Enterprises (ZEEL). Steel Authority of India (SAIL) has come 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 Chambal Fertilizers stood at 93.4% on Friday with OI reported by Trendlyne at 12.7 million. It was down 5.6% from the previous session.
The MWPL for Delta Corp stood at 83.8% on Friday with OI reported by Trendlyne at 13.4 million. It was down 1.5% from the previous session.
MWPL for Hindustan Copper stood at 102.3 % on Friday with OI reported by Trendlyne at 34.6 million.
It was down 1.7% from the previous session.
MWPL for The India Cements stood at 96.8% on Friday with OI reported by Trendlyne at 23.4 million. It was down 6.3% from the previous session.
MWPL for Manappuram Finance stood at 93.5% on Friday with OI reported by Trendlyne at 67.8 million. It was down 7% from the previous session.
The MWPL for RBL Bank stood at 104% on Friday with OI reported by Trendlyne at 51.9 million.
It was down 21.2% from the previous session.
The MWPL for MCX stood at 93.9% on Friday with OI reported by Trendlyne at 2.8 million. It was down 5.3% from the previous session.
For ZEEL, MWPL stood at 91.2% on Friday with OI reported by Trendlyne at 97 million. It was down 0.9% from the previous session.
Indian frontline indices ended in the red on Friday breaking their two sessions gaining streak led by heavy selling
