F&O Ban: Indiabulls Housing, L&TFH, Manappuram under trade ban on Tuesday
Three stocks have been banned for trade under Future & Options on Tuesday, May 23, due to crossing the 95% open interest on these stocks. The three stocks include Indiabulls Housing Finance, Manappuram Finance and L&T Finance Holdings (L&TFH). The Future & Options contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%.
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