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 %
89.74
87.69
77.06
101.77
102.15
96.06
83.74
83.07
PREVIOUS MWPL %
STOCKS
CURRENT MWPL %
85.43
86.98
88.01
88.51
79.13
87.31
88.42
86.95
84.51
85.36
76.54
85.31
83.64
84.53
81.96
83.83
80.59
82.62
68.57
82.08
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.