
F&O Ban: SAIL, GMR Airports among 6 stocks under trade ban on Tuesday
Balrampur Chini Mills, GMR Airports Infrastructure, Hindustan Copper, India Cements, SAIL, and Sun TV Network.
Balrampur Chini Mills managed to come out of the ban on Friday; however, it has reentered the ban list for Tuesday.
Any stock's Future & Options contracts enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is lifted only if the open interest falls below 80%.
Traders who trade in the index do not encounter a situation where securities are banned.
The MWPL for Balrampur Chini Mills stood at 114.7% on Friday, with the OI reported by Trendlyne at 11.2 million. This marked a decrease of 2.13% from the previous session.
The MWPL for GMR Airports Infrastructure stood at 80.9% on Friday, with OI reported by Trendlyne at 203.8 million. This represents an increase of 2.41% from the previous session.
The MWPL for Hindustan Copper stood at 95.5% on Friday, with OI reported by Trendlyne at 30.3 million. It was up by 0.21% from the previous session.
The MWPL for India Cements stood at 89.8% on Friday, with OI reported by Trendlyne at 23.8 million. It was up by 1.8% from the previous session.
The MWPL for SAIL stood at 85.2% on Friday, with OI reported by Trendlyne at 156 million. It was up by 2.71% from the previous session.
The MWPL for Sun TV Network stood at 93% on Friday, with OI reported by Trendlyne at 6.7 million. It was up by 20.14% from the previous session.
In Friday’s session, Nifty50 and Sensex closed at new record highs driven by