DayTrade Share Future

Most Active

FutureOpen Interest %
Reliance Industries (RELIANCE) 1323K -1.5%
Tata Steel Limited (TATASTEEL) 1346K -1.7%
Infosys Limited (INFY) 1004K -2.4%
Tata Consultancy Ser (TCS) 1886K -3.3%
HDFC Bank Limited (HDFCBANK) 1516K -0.9%
State Bank of India (SBIN) 7304K 2.6%

Top Gainers

FutureOpen Interest %
Canara Bank (CANBK) 2106K 8.5%
Shriram Transport Fi (SRTRANSFIN) 109K 6.4%
RBLBANK (RBLBANK) 3390K 5.7%
Bank of Baroda (BANKBARODA) 10741K 4.5%
Punjab National Bank (PNB) 7696K 4.3%
The Federal Bank Lim (FEDERALBNK) 3820K 4.2%

Volume Leaders

FutureOpen Interest %
Reliance Industries (RELIANCE) 1323K -1.5%
Tata Steel Limited (TATASTEEL) 1346K -1.7%
Infosys Limited (INFY) 1004K -2.4%
Tata Consultancy Ser (TCS) 1886K -3.3%
HDFC Bank Limited (HDFCBANK) 1516K -0.9%
State Bank of India (SBIN) 7304K 2.6%

Hot

FutureOpen Interest %
TVS Motor Company Li (TVSMOTOR) 1344K 1.6%
COROMANDEL (COROMANDEL) 138K 1.5%
Maruti Suzuki India (MARUTI) 418K 1.4%
ICICIGI (ICICIGI) 127K 1.2%
AUBANK (AUBANK) 244K 1.8%
Shriram Transport Fi (SRTRANSFIN) 109K 6.4%

Top

FutureOpen Interest %
Oil & Natural Ga (ONGC) 44722K 0.1%

Top Losers

FutureOpen Interest %
Torrent Pharmaceutic (TORNTPHARM) 33K -15.5%
INDIAMART (INDIAMART) 22K -8.6%
COFORGE (COFORGE) 137K -8.3%
Idea Cellular Limite (IDEA) 75880K -6.6%
MindTree Limited (MINDTREE) 200K -6.5%
Jubilant Foodworks L (JUBLFOOD) 84K -6.4%

Securities In Ban Period

In Ban Period

SYMBOLMWPLOpen Interest


May Entre in Ban Period

SYMBOLMWPLOpen Interest

Market Wide Position Limit (MWPL) of all Stocks

SYMBOLMWPLOpen Interest
SAIL 289139949 208282750 (72.04%)
PNB 591377974 412544000 (69.76%)
ADANIPORTS 147684825 100605000 (68.12%)
SUNTV 19704232 12399000 (62.93%)
IBULHSGFIN 68933088 42122800 (61.11%)
NATIONALUM 178967755 107117000 (59.85%)
BHEL 256482590 153310500 (59.77%)
L&TFH 180376566 104259092 (57.8%)
LICHSGFIN 60244101 34608000 (57.45%)
CADILAHC 51441633 28059900 (54.55%)
TATAPOWER 339616396 180393750 (53.12%)
BANKBARODA 372635498 196922700 (52.85%)
CANBK 134484114 69654600 (51.79%)
IDEA 1606294231 825440000 (51.39%)
ZEEL 184439886 94413000 (51.19%)
DELTACORP 35604699 17949200 (50.41%)
GRANULES 28712882 14165450 (49.33%)
AMARAJABAT 24576009 12107000 (49.26%)
JINDALSTEL 80651400 38610000 (47.87%)
RBLBANK 102172032 48102300 (47.08%)
NMDC 229794455 106422800 (46.31%)
ADANIENT 55169320 25052000 (45.41%)
STAR 12640654 5508000 (43.57%)
MGL 13335005 5215800 (39.11%)
IEX 179174844 68662500 (38.32%)
BALRAMCHIN 23498849 8619200 (36.68%)
ESCORTS 16545549 6026350 (36.42%)
TATASTEEL 157953668 57143375 (36.18%)
AUROPHARMA 56444627 20191500 (35.77%)
FEDERALBNK 393614659 137740000 (34.99%)
DLF 124016568 41431500 (33.41%)
INDIACEM 44365911 14752300 (33.25%)
VEDL 256496309 85141500 (33.19%)
IDFCFIRSTB 788634477 257764200 (32.68%)
EXIDEIND 91809066 29854800 (32.52%)
TATAMOTORS 355884551 114772350 (32.25%)
INDUSINDBK 117483580 37475100 (31.9%)
MCDOWELL-N 62880735 19885000 (31.62%)
MINDTREE 12834786 4003400 (31.19%)
IGL 77000080 23559250 (30.6%)
M&MFIN 117554096 35924000 (30.56%)
UPL 110086956 33124000 (30.09%)
PVR 10094182 2994706 (29.67%)
HDFCAMC 13281516 3937200 (29.64%)
GLENMARK 30110143 8710100 (28.93%)
IRCTC 52165566 15021125 (28.8%)
NBCC 137684181 39072000 (28.38%)
IDFC 319287188 89700000 (28.09%)
MANAPPURAM 109947718 30522000 (27.76%)
HINDCOPPER 65481818 18012700 (27.51%)
TATACHEM 31601465 8687000 (27.49%)
WIPRO 292283940 77939200 (26.67%)
RECLTD 187084550 44376000 (23.72%)
ABFRL 66632623 15618200 (23.44%)
PFC 232357926 52638000 (22.65%)
BIOCON 92779768 20263000 (21.84%)
CANFINHOME 18644652 3978000 (21.34%)
BSOFT 32830943 6984900 (21.28%)
TVSMOTOR 45360865 9648800 (21.27%)
GODREJPROP 23110762 4740775 (20.51%)
FSL 61177543 12389000 (20.25%)
GNFC 18282414 3697200 (20.22%)
MCX 10180563 2044700 (20.08%)
HCLTECH 215294964 42792400 (19.88%)
INDIAMART 3041409 602025 (19.79%)
GMRINFRA 476855219 93240000 (19.55%)
MUTHOOTFIN 21371538 4085250 (19.12%)
MARUTI 26359259 5032100 (19.09%)
DEEPAKNTR 14814614 2762000 (18.64%)
LTTS 5438380 1011800 (18.6%)
APOLLOTYRE 73292012 13620000 (18.58%)
JSWSTEEL 268513812 49866300 (18.57%)
HEROMOTOCO 26070423 4805700 (18.43%)
BPCL 202646440 35533800 (17.53%)
SBIN 747278273 125220000 (16.76%)
JUBLFOOD 15268793 2552750 (16.72%)
ACC 17078428 2850000 (16.69%)
LUPIN 48285077 7959400 (16.48%)
TECHM 124685922 20553000 (16.48%)
APOLLOHOSP 20181931 3321875 (16.46%)
RAIN 39593365 6495000 (16.4%)
HAL 16619018 2708925 (16.3%)
TATACOMM 23447901 3771200 (16.08%)
INDIGO 19419833 3099250 (15.96%)
APLLTD 11999202 1910300 (15.92%)
BEL 238123793 37870800 (15.9%)
SRF 29168705 4490250 (15.39%)
ABCAPITAL 141622773 21630400 (15.27%)
ASHOKLEY 282181803 42970500 (15.23%)
BAJFINANCE 52866159 7941375 (15.02%)
PETRONET 150000017 22068000 (14.71%)
GRASIM 75671259 10784875 (14.25%)
PEL 26718424 3736700 (13.99%)
NAUKRI 15837917 2197000 (13.87%)
ITC 2461164855 340294400 (13.83%)
BHARTIARTL 510760873 70296200 (13.76%)
COLPAL 26654592 3649100 (13.69%)
PIIND 16144124 2181000 (13.51%)
COALINDIA 417418754 56154000 (13.45%)
BANDHANBNK 193316954 25957800 (13.43%)
COFORGE 6039467 810800 (13.43%)
OBEROIRLTY 23485458 3121300 (13.29%)
AXISBANK 528591544 69530400 (13.15%)
SUNPHARMA 218440087 28604800 (13.1%)
AMBUJACEM 145543438 18810000 (12.92%)
HDFCLIFE 186786569 24113100 (12.91%)
HINDALCO 292420691 36491950 (12.48%)
CIPLA 102526906 12670450 (12.36%)
LALPATHLAB 7329176 892500 (12.18%)
LTI 9077962 1101300 (12.13%)
BHARATFORG 51436398 6090000 (11.84%)
OFSS 4627790 545875 (11.8%)
INDHOTEL 145331606 17037192 (11.72%)
CHAMBLFERT 32898237 3820500 (11.61%)
METROPOLIS 5083427 581000 (11.43%)
TCS 205769415 23260350 (11.3%)
ICICIBANK 1086588474 122754500 (11.3%)
SBICARD 57664583 6483500 (11.24%)
BAJAJ-AUTO 26795423 2911750 (10.87%)
DABUR 115392060 12256250 (10.62%)
TATACONSUM 120227709 12753450 (10.61%)
ULTRACEMCO 23063146 2439300 (10.58%)
DIXON 7633530 802500 (10.51%)
HINDPETRO 127940594 13103100 (10.24%)
PIDILITIND 30502544 3123000 (10.24%)
HAVELLS 50687734 5178500 (10.22%)
TITAN 83636848 8454750 (10.11%)
WHIRLPOOL 6343591 639250 (10.08%)
EICHERMOT 27766680 2788450 (10.04%)
CONCOR 55081874 5512000 (10.01%)
TORNTPHARM 9731600 967500 (9.94%)
CUB 147764422 14524800 (9.83%)
GAIL 424387851 41553200 (9.79%)
MRF 612075 59780 (9.77%)
SRTRANSFIN 40005132 3819200 (9.55%)
BERGEPAINT 48584267 4588100 (9.44%)
BAJAJFINSV 12433958 1167800 (9.39%)
NAM-INDIA 32313174 3009600 (9.31%)
CHOLAFIN 79487683 7388750 (9.3%)
MPHASIS 16499127 1509025 (9.15%)
MARICO 104332691 9519000 (9.12%)
VOLTAS 46126252 4144500 (8.99%)
POLYCAB 9444882 830400 (8.79%)
SIEMENS 17806068 1529825 (8.59%)
BOSCHLTD 1737683 147650 (8.5%)
RELIANCE 648391899 55058000 (8.49%)
HDFCBANK 668942106 55518650 (8.3%)
BATAINDIA 12092405 1002100 (8.29%)
NTPC 948263976 78386400 (8.27%)
AUBANK 44842241 3605500 (8.04%)
LAURUSLABS 78016757 6218100 (7.97%)
MOTHERSUMI 241729538 18942000 (7.84%)
INDUSTOWER 162423500 12684000 (7.81%)
RAMCOCEM 27127830 2088450 (7.7%)
INFY 727788300 55136400 (7.58%)
ICICIPRULI 76399673 5501250 (7.2%)
SBILIFE 88634465 6285000 (7.09%)
HINDUNILVR 179035680 12654900 (7.07%)
M&M 184514631 12875100 (6.98%)
UBL 14428803 936950 (6.49%)
BALKRISIND 16124234 1043200 (6.47%)
SHREECEM 2702190 170600 (6.31%)
COROMANDEL 24917933 1566250 (6.29%)
ASIANPAINT 90517973 5677200 (6.27%)
PFIZER 3300938 206875 (6.27%)
ONGC 996134149 61438300 (6.17%)
TORNTPOWER 44634693 2731500 (6.12%)
ABBOTINDIA 1063050 64200 (6.04%)
LT 276990175 16679600 (6.02%)
CUMMINSIND 27165463 1628400 (5.99%)
AARTIIND 40445895 2424200 (5.99%)
TRENT 44787316 2679600 (5.98%)
POWERGRID 678857930 40280149 (5.93%)
ASTRAL 17788750 1048025 (5.89%)
PAGEIND 1161956 68220 (5.87%)
IOC 913205148 53319500 (5.84%)
ICICIGI 50937540 2951625 (5.79%)
KOTAKBANK 293504561 16442400 (5.6%)
NAVINFLUOR 6914327 385425 (5.57%)
GODREJCP 75218562 4148000 (5.51%)
BRITANNIA 23823080 1311200 (5.5%)
HDFC 361641966 19126500 (5.29%)
SYNGENE 23020714 1155150 (5.02%)
PERSISTENT 10040819 487200 (4.85%)
IPCALAB 27254348 1315350 (4.83%)
JKCEMENT 6549540 309925 (4.73%)
NESTLEIND 7180127 322575 (4.49%)
MFSL 43771086 1602250 (3.66%)
GUJGASLTD 53841317 1916250 (3.56%)
DALBHARAT 16477193 557500 (3.38%)
ATUL 3258421 71925 (2.21%)
ALKEM 9841875 214400 (2.18%)
HONAUT 442076 9150 (2.07%)
GSPL 70381221 1305600 (1.86%)
CROMPTON 118080629 1692900 (1.43%)

What is this?

If you are trading in the F&O market, there is a high chance that you have faced the situation where the stock exchange imposes a ban on a particular security. In this article we will learn what does it mean for a stock to enter the ban period and how knowing this you can plan a better trading strategy. Before dwelling deep into the concept it is important that we understand certain terms:

Open Interest

It is the number of outstanding contracts in futures and options trading on a stock exchange at any one time.

Market Wide Position Limit (MWPL)

It is the maximum number of open positions allowed across all F&O contracts of the specific stock. It is expressed as number of shares and its value is the lowest of either of the following: 20% of the number of shares held by non promoters. 30 times the average number of shares traded daily in the previous calendar month.

When does security enter the ban period?

When the derivative of any security crosses the 95% market threshold of market-wide-position-limits then that security is put under ban for F&O. Once an F&O is put under ban one can trade in that particular contract only to offset one’s existing position, they are not allowed to open or add any new contract. In other words, one cannot take a trade which increases open interest. For example consider that company that has 20,000 shares in total, however, only 40% of them are with non-promoters, i.e. 8,000 shares. Then the MWPL for the stock would be 20% of 8000 shares, that is 1600 shares. Now if at the end of day, outstanding open positions in the security exceeds 1520 (95% of 1600) then the security will enter the ban period. Once it is in ban period, the contract trading can be done only to offset existing positions (long liquidation or short covering). The ban is lifted once the open interest falls below 80%. You may ask- why should there be a ban? Well, there is a valid reason for it. This is done so that excessive speculation can be eliminated.

Security Ban and Trading

Once the stock enters the ban period, the magic starts. Now only square-off can take place in this particular script. So either the shorts will be covered or longs will get liquidated. During the entire ban- stock price should stay depressed. Additionally, knowing which stocks may be approaching the ban period, allows traders to make an informed decision about going short or long in those scripts. Finally, a piece of advice- create a list of stocks and study their behaviour near the ban period, develop your strategies using paper trading, and once confident take the plunge.