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 86.3% with OI reported by Trendlyne at 2.2 million. It was down 4% from the previous session.
For Delta Corp, the MWPL stood at 88.3% with OI at 11.9 million. It was down 1.6% from the previous session.
The MWPL for GNFC stood at 95.5% with OI at 8.4 million. It was down 0.7% from the previous session.
The MWPL for Granules India stood at 85.6% with OI at 10.4 million. It was down 1.4% from the previous session.The MWPL for Hindustan Copper stood at 109.6% with OI at 27.7 million. It was down 4.2% from the previous session.
The MWPL for Indiabulls Housing stood at 83.4% with OI at 59.5 million. It was down 1.6% from the previous session.
Meanwhile, the MWPL for The India Cements stood at 101.1% with OI at 21.7 million. It was down 3.4% from the previous session.
As for Manappuram Finance, the MWPL stood at 77.6% with OI at 59.1 million. It was down 4.5% from the previous session.
For SAIL, MWPL stood at 90.6% with OI at 118.4 million. It was down 3.9% from the previous session.
MWPL for ZEEL stood at 85.8% with OI at 85.2 million. It was down 1.9% from the previous session.
Indian frontline indices S&P BSE Sensex and Nifty50 ended with declines on Thursday amid selling pressure in FMCG, IT and financial stocks. The S&P BSE Sensex ended at 65,151.02, down 388.40 points or 0.21% while the broader Nifty50 settled at 19,374.70, lower by 90.30 points or 0.46%. The banking gauge Nifty Bank finished 71.05 points or 0.16% lower at 43,875.35.
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