F&O Ban List: PNB, Birlasoft among 15 stocks under trade ban on Monday
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Fifteen stocks are under F&O trade ban on Monday viz. Aditya Birla Capital, Aditya Birla Fashion & Retail (ABFRL), Bandhan Bank, Biocon, Birlasoft, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), Granules India, Hindustan Copper, India Cements, Indiamart Intermesh, LIC Housing Finance, Manappuram Finance, Punjab National Bank (PNB), RBL Bank and Steel Authority of India (SAIL). Chambal Fertilizers & Chemicals and Granules India have moved out of the ban. The Future & Options 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 index do not encounter a situation of security ban. For Aditya Birla Capital, the MWPL stood at 84.8% on Friday with OI reported by Trendlyne at 76.4 million. It was down 0.8% from the previous session.The MWPL for ABFRL s...