stocks in f&o ban today: F&O Ban List: NALCO among 8 stocks under trade ban on Friday; Bandhan Bank exits

Eight stocks are on the F&O trade ban list on Friday viz. Balrampur Chini, Exide Industries, Hindustan Copper, Vodafone Idea, The India Cements, National Aluminium Company (NALCO) Steel Authority of India (SAIL) and Zee Entertainment Enterprises (Zee).

NALCO is the latest entrant to the ban list while Bandhan Bank has moved out.

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 Balrampur Chini stood at 104.9% on Wednesday with OI reported by Trendlyne at 12.1million. It was up 3.3% from the previous session.

The MWPL for Exide Industries stood at 94.7% on Wednesday with OI reported by Trendlyne at 21.5 million. It was down 10.2% from the previous session.Hindustan Copper reported MWPL at 104.4% on Wednesday with OI reported by Trendlyne at 27.4 million. It was down by 9% from the previous session.MWPL for India Cements stood at 89.3% on Wednesday with OI reported by Trendlyne at 25 million. It was down by 6.1% from the previous session.

MWPL for NALCO stood at 105.9% on Wednesday with OI reported by Trendlyne at 95.2 million. It was up 3.5% from the previous session.

The MWPL for SAIL stood at 80.8% on Wednesday with OI reported by Trendlyne at 132.9 million. It was down 6.5% from the previous session.

For Vodafone, the MWPL stood at 91.8% on Wednesday with OI reported by Trendlyne at 2.2 billion. It was down 3% from the previous session.

The MWPL for Zee stood at 93.7% on Wednesday with OI reported by Trendlyne at 140.1 million. It was down 0.9% from the previous session.

Indian stock exchanges NSE and BSE remained closed for trading on Thursday on account of Eid-Ul-Fitr (Ramzan Id).

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