On Wednesday, four stocks have come under the Futures & Options (F&O) trade ban. The stocks are Balrampur Chini, Birlasoft, Hindustan Copper, and India Cements. While Aarti Industries, Aditya Birla Fashion & Retail (ABFRL), Indian Energy Exchange (IEX), Chambal Fertilizers & Chemicals, and RBL Bank have exited the ban list, Hindustan Copper is the newest addition.
A stock enters the F&O ban period when its open interest (OI) surpasses 95% of the market-wide position limits (MWPL). The ban is lifted only when the OI falls below 80%.
On Tuesday, the Nifty index nearly reached its record high of 25,078 but closed flat at 25,018 due to global challenges outweighing positive domestic factors. The broader NSE Nifty gained 7 points (0.03%), while the BSE Sensex edged up by 13 points (0.02%) to close at 81,711.
