F&O Ban: RBL Bank, Sun TV Network among 7 stocks under ban on Wednesday
Escorts Kubota, GMR Airports Infrastructure, Hindustan Copper, Indiabulls Housing, Manappuram Finance, RBL Bank and Sun TV Network.
The 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.
For Escorts Kubota, the MWPL stood at 86.4% on Tuesday with OI reported by Trendlyne at 997,100. It was down 11.3% from the previous session.
The MWPL for GMR Airports stood at 82.5% on Tuesday with OI reported by Trendlyne at 79.6 million.
It was down 7.7% from the previous session.
The MWPL for Hindustan Copper stood at 82.4% on Tuesday with OI reported by Trendlyne at 21.6 million. It was down 5.3% from the previous session.
MWPL for Indiabulls Housing stood at 134% on Tuesday with OI reported by Trendlyne at 15 million. It was down 12.6% from the previous session.
As for Manappuram Finance, MWPL stood at 81.3% on Tuesday with OI reported by Trendlyne at 57.5 million.
It was down 5.6% from the previous session.
MWPL for RBL Bank stood at 82.7% on Tuesday with OI reported by Trendlyne at 27.7 million. It was down 3.8% from the previous session.
For Sun TV, MWPL stood at 84.5% on Tuesday with OI reported by Trendlyne at 4.6 million. It was down 5.5% from the previous session.
Indian headline indices S&P BSE Sensex and Nifty50 ended positive on Tuesday for the second session in a row.
