The futures and options (F&O) ban list for Friday, November 7, shows that no securities are currently under restriction in the derivatives segment. However, several stocks are nearing the ban threshold and could enter the list if open interest (OI) levels remain elevated.
Under market regulations, a stock enters the F&O ban period when its open interest exceeds 95% of the market-wide position limit (MWPL). The restriction is lifted only when the OI drops below 80%.
Possible entrants in F&O ban list
As of the latest data, Adani Enterprises, Bandhan Bank, Crompton, NMDC, National Aluminium, RBL Bank, and Patanjali Foods have crossed the 100% MWPL mark, making them likely candidates to enter the F&O ban list if positions remain high.
Other stocks nearing the threshold include Kaynes Technology (103.92%), Titagarh Rail Systems (101.70%), and Mazagon Dock Shipbuilders (99.23%), while Concor, IRCTC, and LIC Housing Finance are also trading close to their respective limits.
Market-wide position limit snapshot
Among large-cap counters, Reliance Industries, Infosys, Larsen & Toubro, JSW Steel, Hindalco, and HDFC Bank remain comfortably below their MWPL levels, reflecting moderate derivative positioning. Meanwhile, Zydus Lifesciences (56.05%), Asian Paints (41.31%), and Dabur India (60.97%) showed notable increases in open interest from the previous session.
How F&O bans work
When a stock breaches 95% of its MWPL, no new F&O positions can be created for that counter, though traders can still square off existing positions. The ban remains in force until the open interest falls back below 80%, at which point trading restrictions are lifted.
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.
