The Indian stock markets ended on a cautious note today, with both the Sensex and Nifty showing slight gains in a rangebound trading session. The Sensex rose by 33.02 points, or 0.04%, closing at 81,086.21, while the Nifty edged up by 11.65 points, or 0.05%, to settle at 24,823.15. Over the past week, the Sensex has increased by 0.9%, and the Nifty 50 has climbed 1%.
Stocks in Ban Period
As of today, the following stocks are in the ban period for futures and options trading:
- New in Ban: BALRAMCHIN
- Still in Ban: AARTIIND, ABFRL, BSOFT, CHAMBLFERT, GNFC, GRANULES, HINDCOPPER, IEX, INDIACEM, NATIONALUM, RBLBANK, SUN TV
- Out of Ban: LICHSGFIN, PEL
A stock enters the ban period when its open interest (OI) exceeds 95% of the market-wide position limits (MWPL). The prohibition is lifted only when the OI drops below 80%.
Investors should be cautious when trading in these stocks, as the restrictions limit the availability of futures and options contracts.
