F&O Ban: BHEL, ZEEL, IEX among seven stocks under ban on Thursday

Seven stocks, including Indiabulls Housing Finance Company, Indian Energy Exchange, India Cements, Bharat Heavy Electricals, Manappuram Finance, Delta Corp and Zee Entertainment Enterprises, will be under F&O ban for trading on Thursday, June 15. The ban on any stock’s F&O contracts enter into effect when the open interest (OI) on it crosses 95% of the market-wide positions limits or MWPL. The ban is reversed only if the OI falls below 80%. The banned stocks will be available for trading in the cash market. Meanwhile, Indian indices Sensex and Nifty50 registered their third successive gains.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.