As of 15th October 2024, the following stocks have entered the Futures & Options (F&O) ban list due to their open interest (OI) exceeding 95% of the market-wide position limits (MWPL):
New Additions to Ban List:
- IEX
- National Aluminium (NATIONALUM)
- Tata Chemicals (TATACHEM)
Stocks Still in Ban:
- Chambal Fertilisers (CHAMBLFERT)
- GNFC
- Granules India (GRANULES)
- Hindustan Copper (HINDCOPPER)
- IDFC First Bank (IDFCFIRSTB)
- Punjab National Bank (PNB)
- Manappuram Finance (MANAPPURAM)
- RBL Bank
- SAIL
F&O Ban Rules:
A stock enters the F&O ban period when its open interest (OI) surpasses 95% of the MWPL, and it can only exit the ban once the OI falls below 80%. Investors are restricted from initiating new positions in these stocks, although they can square off existing ones.
Be mindful of these restrictions if you’re trading in F&O contracts today.
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.
