F&O Securities in Ban for Trade: 15 July
The "F&O Ban” refers to a restriction imposed by stock exchanges on trading Futures and Options (F&O) contracts of certain stocks. This happens when the open interest of F&O contracts of a stock crosses 95% of the Market Wide Positions Limits (MWPL). The ban is lifted when the open interest drops below 80%.
The derivative contracts of the following securities have crossed 95% of the MWPL and are currently in the ban period:
Symbol | Previous MWPL% | Current MWPL% |
---|---|---|
GLENMARK | 98.70 | 86.89 |
RBLBANK | 82.94 | 80.96 |
HINDCOPPER | 95.30 | 93.48 |
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