stocks in ban today: F&O Ban List: Vedanta, Balrampur Chini among 8 stocks under trade ban on Thursday

Eight stocks are under an F&O trade ban on Thursday viz. Balrampur Chini, Chambal Fertilizers & Chemicals, GMR Airports Infrastructure, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Hindustan Copper, Piramal Enterprises (PEL), RBL Bank and Vedanta.

Aditya Birla Fashion & Retail (ABFRL), India Cements, Indus Towers 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 the index do not encounter a security ban.

Indian equity markets were shut on Wednesday on the account of the Muharram holiday.The MWPL for Balrampur Chini stood at 98.4% on Tuesday with OI reported by Trendlyne at 8.4 million. It was up 1.6% from the previous session.The MWPL for Chambal Fertilizers stood at 83.4% on Tuesday with OI reported by Trendlyne at 9.8 million. It was down 0.8% from the previous session.The MWPL for GMR Airports stood at 93.2% on Tuesday with OI reported by Trendlyne at 209.2 million. It was up 3.7% from the previous session.

For GNFC, the MWPL stood at 83.4% on Tuesday with OI reported by Trendlyne at 6.3 million. It was down 1% from the previous session.

The MWPL for Hindustan Copper stood at 93.4% on Tuesday with OI reported by Trendlyne at 34.1 million. It was down by 1.4% from the previous session.

MWPL for PEL stood at 102.2% on Tuesday with OI reported by Trendlyne at 13.9 million. It was down 1.4% from the previous session.

The MWPL for RBL Bank stood at 87.1% on Tuesday with OI reported by Trendlyne at 51.8 million. It was down 0.8% from the previous session.

For Vedanta, the MWPL stood at 95% on Tuesday with OI reported by Trendlyne at 154.9 million. It was up 8.6% from the previous session.

Domestic equity indices Nifty 50 and Sensex logged record closing highs on Tuesday, led by gains in Bharti Airtel, HUL, and IT stocks amid expectations of a US rate cut as early as September. The 30-share BSE benchmark Sensex rose 51 points, or 0.06%, to settle at 80,716. The broader NSE Nifty gained 26 points, or 0.11%, to end at 24,613.

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