The futures and options (F&O) ban list for January 7, 2025, includes Hindustan Copper, Manappuram, and RBL Bank, as their open interest (OI) exceeded 95% of the market-wide position limits (MWPL). The F&O ban will only be lifted if the OI drops below 80%.
Stocks in F&O Ban Today:
| Symbol | Previous MWPL (%) | Current MWPL (%) |
|---|---|---|
| Hindustan Copper | 89.50 | 99.14 |
| Manappuram | 99.69 | 95.15 |
| RBL Bank | 103.35 | 97.81 |
Possible Entrants:
| Symbol | Previous MWPL (%) | Current MWPL (%) |
|---|---|---|
| Bandhan Bank | 85.85 | 91.93 |
| LTF | 86.84 | 89.06 |
Possible Exits:
No stocks are currently eligible for exiting the ban list.
Market Update: January 6, 2025
Indian equity markets faced a sharp decline on January 6, with the Nifty ending below 23,650 and the Sensex losing 1,258.12 points or 1.59% to close at 77,964.99. The Nifty dropped 388.70 points or 1.62% to settle at 23,616.05, marking the second consecutive session of losses.
FII/DII Activity:
- Foreign Institutional Investors (FIIs): Continued to sell, offloading shares worth Rs 2,575.06 crore in the cash segment.
- Domestic Institutional Investors (DIIs): Provided strong support, purchasing shares worth Rs 5,749.65 crore.
- Net inflow: The market saw a positive net inflow of Rs 3,174.59 crore due to DII activity.
Sectoral and Stock Performance:
- Top Nifty Losers: Tata Steel, Trent, Coal India, NTPC, and BPCL.
- Top Nifty Gainers: Apollo Hospitals, Tata Consumer, Titan Company, and HCL Technologies.
- Sectoral Indices:
- All sectors ended in the red.
- PSU Bank index dropped 4%.
- Metal, realty, energy, PSU, power, and oil & gas indices declined 3% each.
Broader Market Performance:
- BSE Midcap Index: Fell by 2.4%.
- BSE Smallcap Index: Dropped by 3%.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
