Meanwhile, Biocon has moved out of the ban.
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 indexes do not encounter a situation of security ban.
The MWPL for Aarti Industries stood at 106.6% on Wednesday with OI reported by Trendlyne at 18.6 million. It was up 17.9% from the previous session.
The MWPL for ABFRL stood at 86.3% on Wednesday with OI reported by Trendlyne at 51.8 million. It was down 2.6% from the previous session.The MWPL for Balrampur Chini stood at 90.9% on Wednesday with OI reported by Trendlyne at 8.7 million. It was down 2.6% from the previous session.The MWPL for Bandhan Bank stood at 86.8% on Wednesday with OI reported by Trendlyne at 109.6 million. It was down by 1.6% from the previous session.
The MWPL for Chambal Fertilizers stood at 87.3% on Wednesday with OI reported by Trendlyne at 11.4 million. It was down 1.6% from the previous session.
Hindustan Copper reported MWPL at 86.3% on Wednesday with OI reported by Trendlyne at 35.5 million. It was down by 0.5% from the previous session.
The MWPL for RBL Bank stood at 86.5% on Wednesday with OI reported by Trendlyne at 74.4 million. It was down 0.6% from the previous session.
Indian benchmark equity indices ended lower on Wednesday in a highly volatile session, weighed down by auto, metal, and banking stocks. The drop occurred ahead of key US inflation data, which could impact the size of the expected interest rate cut by the Federal Reserve next week. The 30-share BSE Sensex fell 398 points, or 0.49%, to close at 81,523, while the broader NSE Nifty dropped 122 points, or 0.49%, to settle at 24,918.
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