The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
Traders who trade in indices do not encounter a situation of security ban.
MWPL for Balrampur Chini stood at 110.9% on Thursday with OI reported by Trendlyne at 10.7. It was down by 1.5% from the previous session.
MWPL for Delta Corp stood at 83.9% on Thursday with OI reported by Trendlyne at 14.8 million. It was down by 1.1% from the previous session.
MWPL for Indiabulls Housing Finance stood at 84.2% on Thursday with OI reported by Trendlyne at 54.6 million. It was down by 5.3% from the previous session.
MWPL for Hindustan Copper stood at 100.8% on Thursday with OI reported by Trendlyne at 39.2 million. It was down by 1.6% from the previous session. MWPL for Manappuram Finance stood at 106.5% on Thursday with OI reported by Trendlyne at 76.8 million. It was up 12.4% from the previous session.
MWPL for India Cements stood at 90.5% on Thursday with OI reported by Trendlyne at 22 million. It was down 2.7% from the previous session.
For ZEEL, MWPL stood at 90.9% on Thursday with OI reported by Trendlyne at 97.6 million. It was down 5.3% from the previous session.
The MWPL for SAIL stood at 119.5% on Thursday with OI reported by Trendlyne at 165.6 million. It was up by 20.7% from the previous session.
Indian headline indices hit fresh lifetime highs on Thursday on a dovish pivot by the US Fed. The biggest gainers were IT and bank stocks. Nifty hit a new lifetime high of 21,210.90 before ending the session at 21,182.70, up 256.35 points or 1.23%. The 30-stock S&P BSE Sensex scaled 70,602.89 and ended with 929.60-point or 1.34% gains at 70,514.20.
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