The F&O 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 indices do not encounter a situation of security ban.
For BHEL, MWPL stood at 80.9% on Tuesday with OI reported by Trendlyne at 64.8 million. It was down 20.1% from the previous session.
The MWPL for Delta Corp stood at 84.2% with OI at 13.7 million. It was down 9.6% from the previous session.
The MWPL for Chambal Fertilizers stood at 80% with OI at 13.2 million. It was down 10.6% from the previous session.
The MWPL for Hindustan Copper stood at 83.5% with OI at 31.6 million. It was down 5.5% from the previous session.Meanwhile, the MWPL for The India Cements stood at 85.7% with OI at 20.7 million. It was down 9.4% from the previous session.
MWPL for Indiabulls Housing stood at 95.1% with OI at 56 million. It was down 6.4% from the previous session.
For SAIL, the MWPL stood at 83.5% with OI at 128.6 million. It was down 6.7% from the previous session.
MWPL for PNB stood at 74.2% with OI at 254.1 million. It was down 9% from the previous session.
For National Aluminium, MWPL stood at 97.2% with OI at 69.5 million. It was down 1.6% from the previous session.
As for Manappuram Finance, MWPL stood at 88.7% with OI at 70.7 million. It was down 4.9% from the previous session.
Indian benchmarks ended lackluster on Tuesday after volatile trade dragged by auto, energy and metal stocks. Nifty dipped as investors booked profits after the bluechip index hit a lifetime high of 20,110.35 in the opening trade. While the 50-stock index ended at 19,993.20, down by 3.15 points or 0.02%, S&P BSE Sensex finished at 67,221.13, higher by 94.05 points or 0.14%. Banking gauge NiftyBank settled at 45,511.35, lower by 59.35 points or 0.13%.
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