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 Chambal Fertilizers stood at 97% on Monday with OI reported by Trendlyne at 11.6 million. It was down 4.4% from the previous session.
For GNFC, the MWPL stood at 6.5% on Monday with OI reported by Trendlyne at 95.6 million. It was down 0.8% from the previous session.
The MWPL for Granules India stood at 86.3% on Monday with OI reported by Trendlyne at 12 million. It was down 2% from the previous session.The MWPL for Hindustan Copper stood at 87.1% on Monday with OI reported by Trendlyne at 1.1 million. It was down by 0.2% from the previous session.For IDFC First Bank, the MWPL stood at 84.5% on Monday with OI reported by Trendlyne at 460.7 million. It was down 1.9% from the previous session.
For IEX, the MWPL stood at 108.2% on Monday with OI reported by Trendlyne at 61.6 million. It was up 7.5% from the previous session.
The MWPL for Manappuram Finance stood at 87.2% on Monday with OI reported by Trendlyne at 66.3 million. It was down 0.2% from the previous session.
MWPL for NALCO stood at 103.6% on Monday with OI reported by Trendlyne at 82.8 million. It was down 0.2% from the previous session.
The MWPL for PNB stood at 89.8% on Monday with OI reported by Trendlyne at 322 million. It was down 1.1% from the previous session.
The MWPL for RBL Bank stood at 86.2% on Monday with OI reported by Trendlyne at 76.3 million. It was down 2.6% from the previous session.
The MWPL for SAIL stood at 141.3% on Monday with OI reported by Trendlyne at 142.6 million. It was down 0.9% from the previous session.
The MWPL for Tata Chemicals stood at 104.8% on Monday with OI reported by Trendlyne at 12.5 million. It was up 24.2% from the previous session.
Indian benchmark indices ended the day higher, driven by gains from banking, IT and realty stocks, with Nifty reclaiming the 25,000 mark. The 50-component index Nifty50 closed 0.7% or 163.70 points higher at 25,128 while the S&P BSE Sensex closed 0.73% or 591.7 points higher at 81,973.
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