stocks in ban: F&O Ban List: Manappuram Finance, Hindustan Copper among 10 stocks under trade ban on Thursday

Eleven stocks are under F&O trade ban on Thursday viz. Aditya Birla Capital, Aditya Birla Fashion & Retail (ABFRL), Birlasoft, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, India Cements, Indiamart Intermesh, LIC Housing Finance, Manappuram Finance and RBL Bank.

Chambal Fertilizers & Chemicals and Granules India have 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 index do not encounter a situation of security ban.

For Aditya Birla Capital, the MWPL stood at 86.9% on Wednesday with OI reported by Trendlyne at 78 million. It was down 3.1% from the previous session.The MWPL for ABFRL stood at 100.9% on Wednesday with OI reported by Trendlyne at 46.5 million. It was up 16.4% from the previous session.The MWPL for Birlasoft stood at 88.7% on Wednesday with OI reported by Trendlyne at 2.1 million. It was down 10.9% from the previous session.For GNFC, the MWPL stood at 81.3% on Wednesday with OI reported by Trendlyne at 6.9 million. It was down 1.3% from the previous session.

The MWPL for Hindustan Copper stood at 88.9% on Wednesday with OI reported by Trendlyne at 33.6 million. It was down by 2.7% from the previous session.

MWPL for India Cements stood at 143.2% on Wednesday with OI reported by Trendlyne at 22.4 million. It was down by 0.7% from the previous session.

For Indiamart Intermesh, the MWPL stood at 94.5% on Wednesday with OI reported by Trendlyne at 1.6 million. It was down 4.7% from the previous session.

The MWPL for LIC Housing stood at 102.2% on Wednesday with OI reported by Trendlyne at 31.9 million. It was down by 4.1% from the previous session.

The MWPL for Manappuram Finance stood at 98.5% on Wednesday with OI reported by Trendlyne at 72.1 million. It was down 2% from the previous session.

The MWPL for RBL Bank stood at 87.8% on Wednesday with OI reported by Trendlyne at 69 million. It was down 0.5% from the previous session.

In another volatile session, Nifty was able to regain the 24,300 level. After the Indian headline indices, Nifty50 and Sensex opened higher at the start of the day, they were somewhat able to sustain the gains. Both the indices gained over 1% today with Nifty50 gaining 1.27% or 305 points to close at 24,297.50 while the Sensex closed 1.11% or 875 points higher at 79,468.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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