Stocks in Ban:
- Manappuram Finance: Current MWPL: 99.69%
- RBL Bank: Current MWPL: 103.35%
No new additions to the F&O ban list today.
Possible Entrants to the Ban List:
- Bandhan Bank: MWPL at 85.85%
- Hindustan Copper: MWPL at 89.50%
- L&T Finance (LTF): MWPL at 86.84%
Understanding F&O Ban Rules:
- A stock enters the ban period when its Open Interest (OI) exceeds 95% of the Market-Wide Position Limit (MWPL).
- The ban is lifted only when OI drops below 80% of MWPL.
Market Focus for the Week:
- Investors are closely tracking Q3 corporate earnings results.
- Global triggers include the US Federal Reserve meeting minutes and economic data releases from India and the US.
- Key drivers include foreign fund inflows, crude oil prices, and dollar movement.
Friday Market Recap:
- Sensex: Fell 720.60 points (-0.90%) to close at 79,223.11.
- Nifty 50: Declined 183.90 points (-0.76%) to settle at 24,004.75.
Profit booking and a stronger US dollar weighed on the market.
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.
TOPICS:
F&O ban list