Major gainers on the Nifty were Coal India, ITC, Larsen & Toubro, Cipla and LTIMindtree, while losers were Titan Company, Grasim Industries, Hero MotoCorp, SBI and BPCL
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.
‘With long-only you have a blunt hammer in your toolbox … whereas in a hedge fund, you have a whole array of tools’ – Jonathan du Toit, Oyster Catcher founder and CEO.
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%.