F&O Ban List: Balrampur Chini, Vodafone among 5 stocks under trade ban on Monday

Five stocks are under the F&O trade ban on Monday viz. Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini, Biocon, GMR Airports and Infrastructure and Vodafone Idea.

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 is reversed only if the open interest falls below 80%.

Traders who trade in indices do not encounter a situation of security ban.

The MWPL for ABFRL stood at 89.5% on Friday with OI reported by Trendlyne at 41.7 million. It was down 5.9% from the previous session.

The MWPL for Balrampur Chini stood at 109.6% on Friday with OI reported by Trendlyne at 13.5 million. It was up 9.2% from the previous session.

For Biocon, the MWPL stood at 87.3% on Monday with OI reported by Trendlyne at 54.3 million. It was down 3.4% from the previous session.

The MWPL for GMR Airports stood at 102.7% on Friday with OI reported by Trendlyne at 257.7 million. It was down 7.7% from the previous session.

The MWPL for Vodafone Idea stood at 95.4% on Friday with OI reported by Trendlyne at 3.6 billion. It was down 1.4% from the previous session.

Indian benchmark indices ended in the red on Friday amid selling action across sectors. Banks, IT and auto stocks, which have the highest representation in Nifty, fell sharply. Among individual stocks, Reliance Industries (RIL), Larsen & Toubro (L&T) and HDFC Bank were the biggest laggards in engineering the debacle. The S&P BSE Sensex ended the session at 73,878.15, down by 732.96 points or 0.98%. The broader Nifty settled at 22,475.85, lower by 172.35 points or 0.76%.

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