Canara Bank, LIC Housing Finance among stocks under F&O ban on NSE today

Canara Bank, LIC Housing Finance among stocks under F&O ban on NSE today

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  No fresh positions are allowed for any of the F&O contracts in that particular stock when it is under the F&O ban period. The MWPL (market-wide position limit) is set by the stock exchanges which is the maximum number of contracts that can be open at any time (Open Interest), therefore, the F&O contracts of that stock enter a ban period if the open interest crosses 95% of the MWPL.

Subscribe to Mint Newsletters Canara Bank, Exide Industries, LIC Housing Finance, Indiabulls Housing Finance, and National Aluminium Company (Nalco) are the stocks that are under F&O ban today as the derivative contracts in the mentioned securities have crossed 95% of the market-wide position limit and are therefore have been currently put in the ban period.

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