Major stocks such as DLF, Infibeam, Jaiprakash Associates, Reliance Communication and Reliance Capital have been included in the future and options (F&O) contracts ban as informed by NSE.
Generally, when the combined open interest in its derivative contracts crosses 95% of the market-wide position limit, a stock goes under the ban in F&O.
The normal trading in the stock is resumed only after the aggregate open interest across exchanges comes down to 80% or below of the market-wide position limit.
DLF, the largest commercial real estate developer is trading flat with 0.06% gains on the NSE at 1410 hours. Infibeam is up by 1.9%,
Jaiprakash Associates is up by 5.3%, Reliance Communication is flat at Rs 20.60 per share and Reliance Capital is up by 1% on the NSE at 1415 hours on Friday.
No comments:
Post a Comment