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 84.9% on Friday with OI reported by Trendlyne at 12 million. It was down 1.5% from the previous session.
For Delta Corp, the MWPL stood at 86.6% with OI at 11.8 million. It was down 1.3% from the previous session.
The MWPL for GNFC stood at 93.4% with OI at 8.2 million. It was down 1.6% from the previous session.
The MWPL for Granules India stood at 82% with OI at 10.1 million. It was down 3.4% from the previous session.The MWPL for Hindustan Copper stood at 105.2% with OI at 27 million. It was down 2.6% from the previous session.
The MWPL for Indiabulls Housing stood at 82.9% with OI at 49.4 million. It was down 0.2% from the previous session.
Meanwhile, the MWPL for The India Cements stood at 98.7% with OI at 21.3 million. It was down 1.9% from the previous session.
As for Manappuram Finance, MWPL stood at 107.7% with OI at 71.9 million. It was up 21.8% from the previous session.
For SAIL, MWPL stood at 87.5% with OI at 115.3 million. It was down 2.6% from the previous session.
MWPL for ZEEL stood at 83.2% with OI at 81.6 million. It was down 4.3% from the previous session.
Indian frontline indices S&P BSE Sensex and Nifty50 ended with declines, witnessing their second successive fall as selling pressure in IT and pharma stocks weighed on the Street. The S&P BSE Sensex ended at 64,948.66, down 202.36 points or 0.31% while the broader Nifty50 settled at 19,310.15, lower by 55.10 points or 0.28%. The banking gauge Nifty Bank finished 40.30 points or 0.09% lower at 43,851.05.
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