Thirteen stocks are under the F&O ban list on Tuesday, February 13 viz. Aditya Birla Fashion and Retail (ABFRL), Ashok Leyland, Aurobindo Pharma, Balrampur Chini, Bandhan Bank, Biocon, Delta Corp, Hindustan Copper, India Cements, Indus Towers, Punjab National Bank (PNB), Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL).
UPL has moved out of the ban.
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 97% on Monday with OI reported by Trendlyne at 49 million.
The MWPL for Ashok Leyland stood at 86.8% on Monday with OI reported by Trendlyne at 100.7 million.
The MWPL for Aurobindo Pharma stood at 87.7% on Monday with OI reported by Trendlyne at 24.7 million.
The MWPL for Balrampur Chini stood at 88.5% on Monday with OI reported by Trendlyne at 11.3 million.
For Biocon, the MWPL stood at 85.7% on Monday with OI reported by Trendlyne at 38.5 million.
The MWPL for Delta Corp stood at 89.3% on Monday with OI reported by Trendlyne at 18 million.
The MWPL for Hindustan Copper stood at 80.9% on Monday with OI reported by Trendlyne at 30.3 million.
For Indus Towers, the MWPL stood at 103.5% on Monday with OI reported by Trendlyne at 119.5 million.
MWPL for India Cements stood at 89.8% on Monday with OI reported by Trendlyne at 20.4 million.
The MWPL for PNB stood at 85.4% on Monday with OI reported by Trendlyne at 216.8 million.
The MWPL for SAIL stood at 91.4% on Monday with OI reported by Trendlyne at 138 million.
For Zee, MWPL stood at 98.1% on Monday with OI reported by Trendlyne at 113.9 million.
Indian benchmark indices fell sharply on Monday owing to continued weakness in the banking and financial stocks. The 30-stocks S&P BSE Sensex plunged 670 points to the day’s low of 70,922.57 while the Nifty 50 tanked by over 200 points. Sensex finally ended at 71,072.49, down by 523 points or 0.73% while Nifty was down by 166.45 points or 0.76% at 21,616.05.
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