F&O Securities in Ban for Trade: 20 May
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% |
---|---|---|
HINDCOPPER | 87.37 | 82.65 |
MANAPPURAM | 85.96 | 85.60 |
TITAGARH | 119.83 | 87.33 |
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