Bandhan Bank, Hindustan Copper, SAIL, and Zee entered the F&O trade ban list due to high OI. 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%.
Three stocks - Hindustan Copper, SAIL, and Zee - were on the F&O trade ban list due to high open interest. Hindustan Copper delivered exceptional returns in FY2024, while Zee witnessed a significant price decline post the Sony deal failure.
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%.