The goal of the stock ban in F&O is to curb excessive speculation. When a stock's total open interest exceeds 95% of the market-wide position limit (MWPL), the stock exchange imposes an F&O ban. Traders are not allowed to open new positions in the stock that is subject to the F&O Ban during this time. But by squaring off positions, they can decrease their stake in that stock.
PREVIOUS MWPL %
STOCKS
CURRENT MWPL %
98.33
93.49
85.05
83.75
91.56
89.53
102.8
96.84
97.96
96.93
91.86
101.83
PREVIOUS MWPL %
STOCKS
CURRENT MWPL %
86.58
86.4
91.69
90.21
81.12
81.45
85.41
85.52
75.71
80.25
There is a chance that a stock may soon be added to the ban list if its MWPL is greater than 80%. A stock has a chance of leaving the ban list in the near future if its MWPL begins to fall below 95% while it is on the list.