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F&O banned list: Tata Chemicals, SAIL among 11 stocks banned from trading on Thursday

MONews
3 Min Read
On Thursday, 11 stocks were placed under a F&O trading ban. BirlaSoft, Bandhan Bank, Hindustan Copper, RBL Bank, Granules, Manappuram, PNB, GNFC, IDFC First Bank, SAIL, Tata Chemicals.

All stock futures and options contracts enter a blackout period when open interest (OI) exceeds 95% of the market wide position limit, or MWPL. The ban on this will only be canceled if open interest falls below 80%.

Traders who trade with indices do not face security embargo situations.

Bandhan Bank’s MWPL stood at 84.1% on Wednesday, with an OI of 106.8 million, as reported by Trendlyne. It fell 0.5% compared to the previous time.

Birlasoft’s MWPL hit 81.8% on Wednesday, with an OI of 14 million as reported by Trendlyne. It fell 2.7% compared to the previous time.

For Hindustan Copper, MWPL stood at 89.8% on Wednesday, with an OI of 36.1 million as reported by Trendlyne. It was down 0.2% from the previous session. RBL Bank’s MWPL on Wednesday was 90.9% and OI as reported by Trendlyne was 80.2 million. Down 0.4% from the previous session. The MWPL for Wednesday’s granules was 95.9% and the OI reported by Trendlyne was 13.5 million. It fell 1.3% compared to the previous time.

For Manappuram, MWPL stood at 88.6% on Wednesday and OI as reported by Trendlyne stood at 67 million. It fell 2.7% compared to the previous time.

PNB’s MWPL stood at 92.9% on Wednesday, with OI at 331.4 million, as reported by Trendlyne. It fell 1.6% compared to the previous time.

GNFC’s MWPL was 101.8% on Wednesday and its OI as reported by Trendlyne was 6.8 million. It fell 1.9% compared to the previous time.

IDFC First Bank’s MWPL stood at 88.4% on Wednesday, with OI of $481 million, as reported by Trendlyne. It fell 4.2% compared to the previous time.

SAIL’s MWPL stood at 93.2% on Wednesday, with OI at 151.9 million, as reported by Trendlyne. It fell 2.5% from the previous time.

Tata Chemicals’ MWPL rose 108.5% on Wednesday, with an OI of 14.3 million, as reported by Trendlyne. It rose 8.8% compared to the previous time.

(disclaimer: Recommendations, suggestions, views and opinions provided by experts are their own. It does not represent the views of The Economic Times.)

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