NSE bans 14 stocks in F&O segment

Securities which are banned in the Future and Options (F&O) segment for trading include names like Bank of India, Fortis Healthcare, GMR Infrastructure, HDIL, Infibeam, IFCI, Indiabulls Real Estate, DLF, JP Associates, India Cements, Ujjivan, OBC, Wockhardt and Reliance Communication.

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.

Once placed in ban period, trade is allowed only to decrease positions, basically, no new contracts/fresh positions are allowed.

The normal trading in the stock resumes only after the aggregate open interest across exchanges comes down to 80% or below of the market-wide position limit.

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