F&O Ban: Delta Corp, Balrampur Chini under ban for trade on Wednesday

Delta Corp and Balrampur Chini Mills are still on the F&O ban list for trade on 19 April, according to NSE data, however, they will be available for trading in the cash market. A stock enters the ban period if open interest (OI) on it exceeds 95% of the market-wide position limits – the MWPL. The ban reverses only if OI falls below 80%. MWPL for Delta Corp stood at 82.2% and that for Balrampur Chini was 85.4%. Both had dropped compared to the previous session. Traders who trade on indices do not encounter security ban issues.

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