F&O Ban List: Escorts, Vodafone Idea, SAIL, IB Housing remain under ban

Which stocks are likely to stay in the ban in the Futures & Options (F&O) market? Which stocks will be able to take an exit while which will enter the list? Zee Business Research Analyst Ashish Chaturvedi brings this research

F&O Ban List: Escorts, Vodafone Idea, SAIL, IB Housing remain under ban
Currently four companies are under the ban viz Escorts Limited, Indiabulls Housing Finance Limited, Vodafone Idea and Steel Authority of India Limited (SAIL)

Which stocks are likely to stay in the ban in the Futures & Options (F&O) market? Which stocks will be able to take an exit while which will enter the list? Zee Business Research Analyst Ashish Chaturvedi brings this research.  

The NSE Ban list tells that Escorts Limited, Indiabulls Housing Finance Limited, Vodafone Idea and Steel Authority of India Limited (SAIL) remain in the ban.  

See Zee Business Live TV Streaming Below:

Currently four companies are under the ban viz Escorts Limited, Indiabulls Housing Finance Limited, Vodafone Idea and Steel Authority of India Limited (SAIL).

Chaturvedi said that these four companies are likely to remain in the ban list for now. This is because the positions have not been reducing in these stocks.

F&O ban applies to all the stocks that are traded in this segment. The stock exchanges set a Market-wide Positions Limits (MWPL) for stocks in this segment. MWPL is the maximum number of contracts that can be open at any time (Open Interest). If the open interest of any stock crosses 95 per cent of the MWPL of all futures and options contracts of that stock, all F&O contracts of that stock enter a ban period.  

According to this report MWPL for Escorts is at 95 per cent; for IB Housing it is 91 per cent, Vodafone Idea at 89 per cent and SAIL at 84 per cent. This was the status during the market hours.

One stock that could now see an entry in this list is Granules India Limited whose MWPL has crossed the threshold limit today, he said. It was around 114 per cent around this time.

Watch Zee Business Tweet Video Below:

This stock today witnessed significant correction and settled at Rs 330.95 on the NSE, down by Rs 26 or over 7 per cent from the last closing price on Friday.  

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

RECOMMENDED STORIES

Written By: ZeeBiz WebTeam
Edited By: ZeeBiz WebTeam
Updated: Mon, Jan 17, 2022
06:28 PM IST
New Delhi, ZeeBiz WebDesk
RELATED NEWS
D-Street investors become poorer by Rs 18.43 lakh crore in 5 days of market crash D-Street investors become poorer by Rs 18.43 lakh crore in 5 days of market crash
Final Trade: Sensex tumbles 1,200 points, Nifty slips below 23,600; IT stocks cushion the fall Final Trade: Sensex tumbles 1,200 points, Nifty slips below 23,600; IT stocks cushion the fall
Sensex drops 170 points, Nifty below 23,950; oil & gas stocks rebound Sensex drops 170 points, Nifty below 23,950; oil & gas stocks rebound
GIFT Nifty futures drop 60 pts; markets to open on a cautious note GIFT Nifty futures drop 60 pts; markets to open on a cautious note
Final Trade: Sensex tumbles 1,100 pts, Nifty slips below 24,350; PSU banks drag Final Trade: Sensex tumbles 1,100 pts, Nifty slips below 24,350; PSU banks drag

By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.

x