F&O Ban: Indiabulls Housing, Manappuram Finance, India Cements under ban on Thursday

Three stocks, Indiabulls Housing Finance Company, Manappuram Finance and India Cements, will be banned from the trade for Thursday under the future & options (F&O) contracts, despite still being available for the cash market. The F&O contracts of a stock go into ban phase when the open interest exceeds 95% of the market-wide position limits, with the ban only lifted when it falls below 80%. Both the S&P BSE Sensex and Nifty50 indices finished Wednesday's trading higher, ahead of the RBI policy to be published later in the week.

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