F&O Ban List: GMR Infra, GNFC among 11 stocks under trade ban on Monday
Eleven stocks, including ABFRL and GNFC, are banned from F&O trade for exceeding 95% MWPL. The ban lifts if OI falls below 80%. Trendlyne Friday data: GMR 223.3M (104.1% MWPL); Chambal Fertilizers 10.1M (86.3% MWPL). Index traders are unaffected. Sensex reached 80,893.51, closing at 80,519.34; while Nifty hit 24,592.20, closing at 24,502.15.
Eleven stocks are under F&O trade ban on Monday viz. Aditya Birla Fashion & Retail (ABFRL), Balrampur Chini, , Chambal Fertilizers & Chemicals, GMR Airports Infrastructure, Gujarat Narmada Valley Fertilizers and Chemicals (), India Energy Exchange (), , , (PEL) and .The Future & Options 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 indexes do not encounter a situation of security ban.
The MWPL for ABFRL stood at 81.1% on Friday with OI reported by Trendlyne at 37.6 million. It was down 1.9% from the previous session.
The MWPL for Balrampur Chini stood at 80.8% on Friday with OI reported by Trendlyne at 8.4 million. It was down 8.8% from the previous session.
The MWPL for Bandhan Bank stood at 80.3% on Friday with OI reported by Trendlyne at 89 million. It was down by 1.8% from the previous session.
The MWPL for Chambal Fertilizers stood at 86.3% on Friday with OI reported by Trendlyne at 10.1 million. It was down 3.9% from the previous session.
The MWPL for GMR Airports stood at 104.1% on Friday with OI reported by Trendlyne at 223.3 million. It was up 2.9% from the previous session.
For GNFC, the MWPL stood at 86.7% on Friday with OI reported by Trendlyne at 6.4 million. It was down 1.1% from the previous session.
MWPL for India Cements stood at 88.4% on Friday with OI reported by Trendlyne at 13.3 million. It was down by 2.9% from the previous session.
For IEX, the MWPL stood at 82.1% on Friday with OI reported by Trendlyne at 67.8 million. It was down 1.9% from the previous session.
The MWPL for Indus Towers stood at 87.6% on Friday with OI reported by Trendlyne at 86.7 million. It was down by 1% from the previous session.
MWPL for PEL stood at 80.9% on Friday with OI reported by Trendlyne at 13.9 million. It was down 2.4% from the previous session.
The MWPL for RBL Bank stood at 90.9% on Friday with OI reported by Trendlyne at 53 million. It was down 4.6% from the previous session.
Indian headline indices hit record highs on Friday propelled by IT stocks. The 30-stock S&P BSE Sensex hit a fresh lifetime high of 80,893.51before ending the day at 80,519.34, up by 622 points or 0.78% while the broader Nifty scaled 24,592.20 before settling at 24,502.15, gaining by 186.20 points or 0.77%.
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Source: Stocks-Markets-Economic Times
