"Hence, markets are likely to remain in a broader range with stock-specific action in the near term," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.
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%.
India Business News: ABFRL approves demerger of Madura Fashion & Lifestyle, plans Rs 2,500 crore equity raise via NCLT scheme. Identical shareholders post-demerger for val