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%.
Indian frontline indices ended with gains on Wednesday, continuing their gaining streak for the fourth time in a row as losses in bank, IT and auto stocks were offset by gains in FMCG and pharma stocks. BSE Sensex ended at 65,880.52, up 100.26 points or 0.15% while the broader Nifty50 settled at 19,611.05, higher by 36.15 points or 0.18%. The banking gauge Nifty Bank finished at 44,409.10, up by 123.05 points or 0.28%.
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%.
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%.