F&O Securities in Ban for Trade: 6 June
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% |
---|---|---|
MANAPPURAM | 104.21 | 101.44 |
ABFRL | 134.19 | 121.26 |
CHAMBLFERT | 89.49 | 114.18 |
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