DayTrade Share Future

Most Active

FutureOpen Interest %
Infosys Limited (INFY) 15036K 0.3%
Reliance Industries (RELIANCE) 11423K 1.4%
HDFC Bank Limited (HDFCBANK) 20489K -0.9%
Tata Steel Limited (TATASTEEL) 11328K 1.4%
ICICI Bank Limited (ICICIBANK) 21319K -1%
Tata Consultancy Ser (TCS) 4878K -0%

Top Gainers

FutureOpen Interest %
Oil & Natural Ga (ONGC) 30234K 5.5%
Strides Arcolab Limi (STAR) 2115K 4.6%
Hindalco Industries (HINDALCO) 22960K 3.9%
HINDCOPPER (HINDCOPPER) 5956K 3.6%
NATIONALUM (NATIONALUM) 30290K 3.4%
Petronet LNG Limited (PETRONET) 4071K 3.3%

Volume Leaders

FutureOpen Interest %
Infosys Limited (INFY) 15036K 0.3%
Reliance Industries (RELIANCE) 11423K 1.4%
HDFC Bank Limited (HDFCBANK) 20489K -0.9%
Tata Steel Limited (TATASTEEL) 11328K 1.4%
ICICI Bank Limited (ICICIBANK) 21319K -1%
Tata Consultancy Ser (TCS) 4878K -0%

Hot

FutureOpen Interest %
MRF Limited (MRF) 29K 1.3%
PERSISTENT (PERSISTENT) 224K 1.8%
LALPATHLAB (LALPATHLAB) 276K 3%
LTI (LTI) 499K 1.3%
MindTree Limited (MINDTREE) 1170K 2.4%
Strides Arcolab Limi (STAR) 2115K 4.6%

Top

FutureOpen Interest %

Top Losers

FutureOpen Interest %
CHAMBLFERT (CHAMBLFERT) 2832K -5.1%
IEX (IEX) 21128K -4.2%
ASTRAL (ASTRAL) 290K -3.8%
Asian Paints Limited (ASIANPAINT) 1918K -3.5%
Titan Industries Lim (TITAN) 2903K -3.5%
BERGEPAINT (BERGEPAINT) 2107K -3.1%

Securities In Ban Period

In Ban Period

SYMBOLMWPLOpen Interest
DELTACORP 35692018 29453800 (82.52%)
SUNTV 19704232 17385000 (88.23%)


May Entre in Ban Period

SYMBOLMWPLOpen Interest
SUNTV 19704232 17385000 (88.23%)
IDEA 1606294231 1402240000 (87.3%)
BHEL 256482590 221256000 (86.27%)
GNFC 18282414 15128100 (82.75%)
DELTACORP 35692018 29453800 (82.52%)
RBLBANK 119902752 95453800 (79.61%)
IBULHSGFIN 79961838 62000600 (77.54%)
AMBUJACEM 146025477 112880100 (77.3%)
JINDALSTEL 80691427 61607500 (76.35%)
PNB 591377974 438048000 (74.07%)

Market Wide Position Limit (MWPL) of all Stocks

SYMBOLMWPLOpen Interest
SUNTV 19704232 17385000 (88.23%)
IDEA 1606294231 1402240000 (87.3%)
BHEL 256482590 221256000 (86.27%)
GNFC 18282414 15128100 (82.75%)
DELTACORP 35692018 29453800 (82.52%)
RBLBANK 119902752 95453800 (79.61%)
IBULHSGFIN 79961838 62000600 (77.54%)
AMBUJACEM 146025477 112880100 (77.3%)
JINDALSTEL 80691427 61607500 (76.35%)
PNB 591377974 438048000 (74.07%)
ADANIPORTS 143563492 103578750 (72.15%)
ZEEL 184439886 129660000 (70.3%)
SAIL 289139949 196426000 (67.93%)
BALRAMCHIN 23498849 15953600 (67.89%)
L&TFH 166961113 110675448 (66.29%)
ADANIENT 55169320 34999500 (63.44%)
LICHSGFIN 60244101 37264000 (61.86%)
CANBK 134484114 82817100 (61.58%)
NATIONALUM 178967755 109803000 (61.35%)
IDFCFIRSTB 789754164 474731700 (60.11%)
TATAPOWER 339616396 191467125 (56.38%)
VEDL 223631136 119205850 (53.3%)
DLF 124016568 63996900 (51.6%)
IEX 179204844 92460000 (51.59%)
TVSMOTOR 46740920 24032400 (51.42%)
NMDC 229794455 113226650 (49.27%)
LTTS 5509053 2696200 (48.94%)
BANKBARODA 372635498 181221300 (48.63%)
IDFC 319287188 152980000 (47.91%)
APOLLOTYRE 79587108 38069000 (47.83%)
INDIACEM 44365911 20897400 (47.1%)
HDFCAMC 13304083 6186400 (46.5%)
METROPOLIS 5136083 2354100 (45.83%)
TATACHEM 31601465 14247000 (45.08%)
GMRINFRA 496155219 222705000 (44.89%)
HINDCOPPER 65482129 29098100 (44.44%)
MANAPPURAM 109924053 48672000 (44.28%)
MGL 13335005 5877600 (44.08%)
GRANULES 28778078 12621200 (43.86%)
IRCTC 52165566 22768375 (43.65%)
TATASTEEL 161434277 69269475 (42.91%)
CHAMBLFERT 32844909 14077500 (42.86%)
AUROPHARMA 56444627 23802000 (42.17%)
TATAMOTORS 355955399 148791375 (41.8%)
M&MFIN 117711154 49148000 (41.75%)
STAR 12463464 5145300 (41.28%)
ACC 17078428 6882750 (40.3%)
MCX 10180563 4072000 (40%)
HEROMOTOCO 26073972 10218900 (39.19%)
RECLTD 187084550 72984000 (39.01%)
INDUSINDBK 117592374 45841500 (38.98%)
PVR 10124565 3832719 (37.86%)
RAIN 39593365 14920500 (37.68%)
ASHOKLEY 282181803 105646000 (37.44%)
EXIDEIND 91809066 34160400 (37.21%)
AMARAJABAT 24576009 9133000 (37.16%)
FSL 61200560 22713600 (37.11%)
HINDALCO 292328646 103036600 (35.25%)
ZYDUSLIFE 51441633 17914500 (34.82%)
BIOCON 93011101 32149400 (34.57%)
GLENMARK 30110093 10373000 (34.45%)
MARUTI 26359259 9063500 (34.38%)
MINDTREE 12838406 4414400 (34.38%)
TECHM 125826829 42406200 (33.7%)
MUTHOOTFIN 21376278 7161750 (33.5%)
FEDERALBNK 393867791 130250000 (33.07%)
LUPIN 48373984 15934100 (32.94%)
HINDPETRO 127940594 41547600 (32.47%)
UPL 109328484 35484800 (32.46%)
ESCORTS 14172719 4244900 (29.95%)
MCDOWELL-N 62880735 18813750 (29.92%)
GODREJPROP 23110906 6700850 (28.99%)
BAJAJ-AUTO 26757382 7743000 (28.94%)
PFC 232357926 66755400 (28.73%)
NBCC 137684181 39279000 (28.53%)
BANDHANBNK 193330002 54682200 (28.28%)
INDIGO 19441411 5479750 (28.19%)
HAL 16619018 4596100 (27.66%)
JSWSTEEL 264331676 71169300 (26.92%)
WIPRO 293086027 78469400 (26.77%)
BSOFT 33243579 8798400 (26.47%)
LTI 9097224 2387850 (26.25%)
DEEPAKNTR 14808054 3847500 (25.98%)
CANFINHOME 18644752 4840875 (25.96%)
LALPATHLAB 7346155 1890625 (25.74%)
M&M 184601471 46871300 (25.39%)
GUJGASLTD 53841317 13563750 (25.19%)
ABFRL 81469651 20358000 (24.99%)
GRASIM 75059383 18705500 (24.92%)
OBEROIRLTY 23485458 5695900 (24.25%)
INDHOTEL 175594852 41945438 (23.89%)
IGL 77000080 18341125 (23.82%)
BEL 238123793 55852400 (23.46%)
ABCAPITAL 139793758 32660600 (23.36%)
COALINDIA 417418754 96272400 (23.06%)
JUBLFOOD 76290039 17556875 (23.01%)
ULTRACEMCO 23062715 5264800 (22.83%)
MRF 611164 136000 (22.25%)
BATAINDIA 12092405 2641650 (21.85%)
DIXON 7797033 1689750 (21.67%)
BAJFINANCE 53012738 11396375 (21.5%)
EICHERMOT 27771612 5929700 (21.35%)
BHARATFORG 50979391 10863000 (21.31%)
PEL 26787004 5501650 (20.54%)
TITAN 83636848 17159625 (20.52%)
POLYCAB 9539198 1942800 (20.37%)
TATACOMM 23447901 4647600 (19.82%)
INDIAMART 3083179 599400 (19.44%)
BAJAJFINSV 12452908 2408100 (19.34%)
NTPC 948263976 183186600 (19.32%)
NAUKRI 15909149 3038625 (19.1%)
SBICARD 57369646 10954900 (19.1%)
COFORGE 7298378 1393100 (19.09%)
MOTHERSON 287695008 54041500 (18.78%)
DIVISLAB 25514876 4792600 (18.78%)
SRF 29168605 5451375 (18.69%)
AXISBANK 542647474 100893600 (18.59%)
BPCL 202646440 37494000 (18.5%)
APOLLOHOSP 20321931 3756875 (18.49%)
BERGEPAINT 48589957 8761500 (18.03%)
ONGC 1033874987 186024300 (17.99%)
SBIN 748246101 131962500 (17.64%)
RAMCOCEM 27255101 4790600 (17.58%)
CONCOR 55081874 9640200 (17.5%)
HAVELLS 50687734 8859000 (17.48%)
AARTIIND 40461675 7015050 (17.34%)
VOLTAS 46126252 7989500 (17.32%)
CHOLAFIN 79566774 13452500 (16.91%)
PETRONET 150000017 25293000 (16.86%)
DABUR 115340060 19228750 (16.67%)
INDUSTOWER 175117259 28870800 (16.49%)
PIDILITIND 30555451 5037000 (16.48%)
HCLTECH 211948254 34461000 (16.26%)
HDFCLIFE 187279535 29960700 (16%)
GAIL 425220994 67777100 (15.94%)
DRREDDY 24299250 3825000 (15.74%)
BHARTIARTL 518026124 81266800 (15.69%)
MPHASIS 16603110 2576700 (15.52%)
SUNPHARMA 218440087 33817000 (15.48%)
POWERGRID 678857930 103480416 (15.24%)
SHREECEM 2702190 409000 (15.14%)
CUB 147916982 22263000 (15.05%)
MARICO 104463798 15667200 (15%)
GODREJCP 75218562 11155000 (14.83%)
ASIANPAINT 90837873 13278450 (14.62%)
HDFCBANK 670559923 95833650 (14.29%)
SBILIFE 89066637 12717000 (14.28%)
SRTRANSFIN 39793856 5414800 (13.61%)
CIPLA 106447198 14420250 (13.55%)
COLPAL 26654592 3610250 (13.54%)
ICICIPRULI 76436663 10346250 (13.54%)
NAM-INDIA 32597966 4339200 (13.31%)
COROMANDEL 24930381 3299900 (13.24%)
TRENT 44787024 5893525 (13.16%)
TORNTPOWER 44634693 5779500 (12.95%)
PIIND 16148309 2058250 (12.75%)
TORNTPHARM 9731600 1214000 (12.47%)
UBL 14428803 1799050 (12.47%)
AUBANK 90400330 11206000 (12.4%)
WHIRLPOOL 6343591 771800 (12.17%)
SIEMENS 17806068 2136750 (12%)
ICICIBANK 1126043536 133420375 (11.85%)
BALKRISIND 16125398 1886700 (11.7%)
RELIANCE 647112908 74876000 (11.57%)
LAURUSLABS 78168147 8918100 (11.41%)
BRITANNIA 23823080 2685600 (11.27%)
IOC 913205148 100724000 (11.03%)
ABB 10595418 1127500 (10.64%)
PAGEIND 1178038 125130 (10.62%)
HINDUNILVR 179035680 18424500 (10.29%)
TATACONSUM 120206495 12129750 (10.09%)
TCS 202733060 20318250 (10.02%)
ICICIGI 51009524 5100000 (10%)
LT 277366426 27227350 (9.82%)
HDFC 362605655 35121300 (9.69%)
DALBHARAT 16527425 1596750 (9.66%)
KOTAKBANK 293819472 28366000 (9.65%)
JKCEMENT 8372539 767500 (9.17%)
NAVINFLUOR 6966685 635625 (9.12%)
INFY 728266118 65372400 (8.98%)
ITC 2461752781 206867200 (8.4%)
PERSISTENT 10026716 825600 (8.23%)
BOSCHLTD 1737683 137250 (7.9%)
INTELLECT 18604269 1449750 (7.79%)
CUMMINSIND 27165463 2061000 (7.59%)
OFSS 4639053 351250 (7.57%)
NESTLEIND 7180127 492345 (6.86%)
ABBOTINDIA 1063050 71530 (6.73%)
SYNGENE 23175068 1494300 (6.45%)
GSPL 70381221 4302300 (6.11%)
ASTRAL 17788750 1005950 (5.65%)
APLLTD 11946974 585900 (4.9%)
IPCALAB 27254349 1304700 (4.79%)
HONAUT 442076 19920 (4.51%)
CROMPTON 119158718 5001100 (4.2%)
MFSL 58862703 2221050 (3.77%)
ATUL 3258166 117300 (3.6%)
ALKEM 10250318 325800 (3.18%)

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.