Five stocks are under the Futures and Options (F&O) trade ban on Monday:
- Aarti Industries
- Aditya Birla Fashion and Retail (ABFRL)
- Gujarat Narmada Valley Fertilizers & Chemicals (GNFC)
- Granules India
- Hindustan Copper
What is the F&O Ban?
A stock enters the F&O ban list when its open interest (OI) exceeds 95% of the market-wide position limits (MWPL). This restriction is lifted only when the OI drops below 80% of the MWPL.
Traders dealing in index options are not affected by this ban.
MWPL Snapshot (as of Thursday):
- Aarti Industries: MWPL at 99.7%; OI at 16.5 million (down 2.7% from the previous day).
- ABFRL: MWPL at 82.7%; OI at 52.8 million (down 0.5%).
- GNFC: MWPL at 102.3%; OI at 6 million (down 11.9%).
- Granules India: MWPL at 87.7%; OI at 16.1 million (down 1.1%).
- Hindustan Copper: MWPL at 85.4%; OI at 37 million (down 1.4%).
Market Recap:
The Indian markets recorded a sixth consecutive decline on Thursday:
- Sensex fell 110 points to close at 77,580.
- Nifty dropped 26 points, ending at 23,532.
This decline was led by losses in FMCG and pharma stocks amid concerns over foreign fund outflows.
Traders should monitor these stocks closely, as the F&O ban impacts short-term trading strategies and liquidity in these counters.
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