Eight stocks are under F&O trade ban on Thursday viz. Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini, Biocon, GMR Airports and Infrastructure, Vodafone Idea, Punjab National Bank (PNB), Steel Authority of India (SAIL) and Zee Entertainment Enterprises.The Future & Options 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 index do not encounter a situation of security ban.The MWPL for ABFRL stood at 83.5% on Wednesday with OI reported by Trendlyne at 38.6 million. It was down 1.4% from the previous…
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