F&O Securities in Ban for Trade: 18 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% |
---|---|---|
ANGELONE | 106.80 | 84.29 |
RBLBANK | 78.81 | 104.89 |
HINDCOPPER | 89.39 | 87.36 |
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