Bharat Heavy Electricals (BHEL), Delta Corp, Gujarat Narmada Valley Fertilizers and Chemicals (GNFC), and Punjab National Bank (PNB) are among the four stocks that are under F&O ban for trading on Tuesday. Future & Options (F&O) contracts enter a ban period when open interest (OI) on it exceeds 95% of the market-wide position limits (MWPL), and the ban is reversed only if the OI falls below 80%. Traders who trade in indices will not face the ban. Indian markets closed in the green.
Negative Breakout on April 17: 4 stocks cross below their 200 DMAs
In the NSE list of stocks with a market cap of over Rs 10,000 crore, four stocks’ close prices crossed below their 200 DMA (Daily