F&O Ban List: LIC Housing, PNB among 10 stocks under trade ban on Wednesday

Granules India is the latest entrant to the ban list.

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.

The MWPL for Aarti Industries stood at 92.5% on Tuesday with OI reported by Trendlyne at 16.9 million. It was down 1.9% from the previous session.

The MWPL for Balrampur Chini stood at 84.1% on Tuesday with OI reported by Trendlyne at 8.1 million. It was down 1.3% from the previous session.For Biocon, the MWPL stood at 113.8% on Tuesday with OI reported by Trendlyne at 39 million. It was down 0.7% from the previous session.The MWPL for Birlasoft stood at 92.1% on Tuesday with OI reported by Trendlyne at 12.8 million. It was down 11.2% from the previous session.

For GNFC, the MWPL stood at 110.3% on Tuesday with OI reported by Trendlyne at 7 million. It was down 2.7 % from the previous session.

The MWPL for Granules India stood at 190.4% on Tuesday with OI reported by Trendlyne at 12.7 million. It was down 2.1% from the previous session.

Hindustan Copper reported MWPL at 80.9% on Tuesday with OI reported by Trendlyne at 34.1 million. It was down by 0.5% from the previous session.

The MWPL for LIC Housing stood at 104.6% on Tuesday with OI reported by Trendlyne at 29.4 million. It was down by 5.9% from the previous session.

The MWPL for PNB stood at 101.6% on Tuesday with OI reported by Trendlyne at 286.2 million. It was down 0.3% from the previous session.

The MWPL for RBL Bank stood at 83.8% on Tuesday with OI reported by Trendlyne at 73 million. It was down 0.3% from the previous session.

Indian headline indices held near all-time highs, trading in a narrow range on Tuesday, a day ahead of the U.S. Federal Reserve’s widely expected interest rate cut and commentary, settling in the green for the second straight session.

Nifty managed to end at a lifetime high of 25,418.55 on a closing basis. It was up by 34.80 points or 0.14% over Monday’s closing. Its 89.4-point trading range is the smallest in two weeks.

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