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Reputation: 642,713  •  May 9, 2023 2:31 PM
F&O Ban: BHEL, GNFC, Manappuram Finance under ban for trade on Tuesday
F&O Ban: BHEL, GNFC, Manappuram Finance under ban for trade on Tuesday
Three stocks, BHEL, Gujarat Narmada Valley Fertilizers and Chemicals, and Manappuram Finance, are under futures and options (F&O) ban as their open interests rose above the prescribed percentage. Traders who deal in indices are not affected by the security ban, but open interest or market-wide position limits of any stock exceeding 95% of F&O prompts a ban which is lifted only when this percentage drops below 80%. The market-wide position limit for Delta Corp was 97.4% on Monday, while it stood at 92.6% and 89.6% for GNFC and Manappuram Finance, respectively.
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
#BHEL #DELTACORP #GNFC #MANAPPURAM

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NSE:BHEL price when posted: 81.6