Ten stocks are under F&O trade ban on Wednesday viz. Aarti Industries, Balrampur Chini, Biocon, Birlasoft, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Granules India, Hindustan Copper, LIC Housing Finance, Punjab National Bank ( PNB) and RBL Bank.
Granules India is the latest entrant to the ban list.
The Future & Options 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 index do not encounter a situation of security ban.
The MWPL for Aarti Industries stood at 92.5% on Tuesday with OI reported by Trendlyne at 16.9 million. It was down 1.9% from the previous session.
The MWPL for Balrampur Chini stood at 84.1% on Tuesday with OI reported by Trendlyne at 8.1 million. It was down 1.3% from the previous session.
For Biocon, the MWPL stood at 113.8% on Tuesday with OI reported by Trendlyne at 39 million. It was down 0.7% from the previous session.
The MWPL for Birlasoft stood at 92.1% on Tuesday with OI reported by Trendlyne at 12.8 million. It was down 11.2% from the previous session.
For GNFC, the MWPL stood at 110.3% on Tuesday with OI reported by Trendlyne at 7 million. It was down 2.7 % from the previous session.
The MWPL for Granules India stood at 190.4% on Tuesday with OI reported by Trendlyne at 12.7 million. It was down 2.1% from the previous session.
Hindustan Copper reported MWPL at 80.9% on Tuesday with OI reported by Trendlyne at 34.1 million. It was down by 0.5% from the previous session.
The MWPL for LIC Housing stood at 104.6% on Tuesday with OI reported by Trendlyne at 29.4 million. It was down by 5.9% from the previous session.
The MWPL for PNB stood at 101.6% on Tuesday with OI reported by Trendlyne at 286.2 million. It was down 0.3% from the previous session.
The MWPL for RBL Bank stood at 83.8% on Tuesday with OI reported by Trendlyne at 73 million. It was down 0.3% from the previous session.
Indian headline indices held near all-time highs, trading in a narrow range on Tuesday, a day ahead of the U.S. Federal Reserve's widely expected interest rate cut and commentary, settling in the green for the second straight session.
Nifty managed to end at a lifetime high of 25,418.55 on a closing basis. It was up by 34.80 points or 0.14% over Monday’s closing. Its 89.4-point trading range is the smallest in two weeks.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Granules India is the latest entrant to the ban list.
The Future & Options 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 index do not encounter a situation of security ban.
The MWPL for Aarti Industries stood at 92.5% on Tuesday with OI reported by Trendlyne at 16.9 million. It was down 1.9% from the previous session.
The MWPL for Balrampur Chini stood at 84.1% on Tuesday with OI reported by Trendlyne at 8.1 million. It was down 1.3% from the previous session.
For Biocon, the MWPL stood at 113.8% on Tuesday with OI reported by Trendlyne at 39 million. It was down 0.7% from the previous session.
The MWPL for Birlasoft stood at 92.1% on Tuesday with OI reported by Trendlyne at 12.8 million. It was down 11.2% from the previous session.
For GNFC, the MWPL stood at 110.3% on Tuesday with OI reported by Trendlyne at 7 million. It was down 2.7 % from the previous session.
The MWPL for Granules India stood at 190.4% on Tuesday with OI reported by Trendlyne at 12.7 million. It was down 2.1% from the previous session.
Hindustan Copper reported MWPL at 80.9% on Tuesday with OI reported by Trendlyne at 34.1 million. It was down by 0.5% from the previous session.
The MWPL for LIC Housing stood at 104.6% on Tuesday with OI reported by Trendlyne at 29.4 million. It was down by 5.9% from the previous session.
The MWPL for PNB stood at 101.6% on Tuesday with OI reported by Trendlyne at 286.2 million. It was down 0.3% from the previous session.
The MWPL for RBL Bank stood at 83.8% on Tuesday with OI reported by Trendlyne at 73 million. It was down 0.3% from the previous session.
Indian headline indices held near all-time highs, trading in a narrow range on Tuesday, a day ahead of the U.S. Federal Reserve's widely expected interest rate cut and commentary, settling in the green for the second straight session.
Nifty managed to end at a lifetime high of 25,418.55 on a closing basis. It was up by 34.80 points or 0.14% over Monday’s closing. Its 89.4-point trading range is the smallest in two weeks.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
