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 %
83.60
81.63
96.30
91.53
86.67
85.28
85.68
81.14
95.52
90.73
95.61
87.22
88.94
80.95
PREVIOUS MWPL %
STOCKS
CURRENT MWPL %
83.60
81.63
83.51
82.00
88.94
80.95
85.68
81.14
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.