On Tuesday, six stocks are under the Futures & Options (F&O) trade ban. These stocks are Balrampur Chini Mills, GMR Airports Infrastructure, Hindustan Copper, India Cements, SAIL, and Sun TV Network.
Balrampur Chini Mills was out of the ban list on Friday but has re-entered it for Tuesday.
A stock’s F&O contracts enter a ban period when its open interest (OI) goes over 95% of the market-wide position limits (MWPL). The ban is lifted when the open interest falls below 80%.
Traders dealing with index stocks don’t face bans on securities.
For Balrampur Chini Mills, the MWPL was 114.7% on Friday, with an OI of 11.2 million reported by Trendlyne. This was a decrease of 2.13% from the previous session. For GMR Airports Infrastructure, the MWPL was 80.9% on Friday, with an OI of 203.8 million, up by 2.41% from the previous session. Hindustan Copper had an MWPL of 95.5% on Friday, with an OI of 30.3 million, up by 0.21%. India Cements had an MWPL of 89.8% on Friday, with an OI of 23.8 million, up by 1.8%. SAIL had an MWPL of 85.2% on Friday, with an OI of 156 million, up by 2.71%. Sun TV Network had an MWPL of 93% on Friday, with an OI of 6.7 million, up by 20.14%.
On Friday, both Nifty50 and Sensex hit new record highs, driven by major stocks like HDFC Bank and Reliance Industries. The BSE Sensex rose by 182 points (0.24%) to settle at 76,992, while the NSE Nifty increased by 67 points (0.29%) to close at 23,465.
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