F&O Ban: BHEL, GNFC, Manappuram Finance, Canara Bank under ban for trade on Wednesday

Shares of Bharat Heavy Electricals, Gujarat Narmada Valley Fertilizers and Chemicals, Manappuram Finance and Canara Bank are under futures and options (F&O) ban for trading on Wednesday. However, the stocks will be available for trading in the cash market. The F&O ban is in place when the open interest crosses 95% of the market-wide position limits. The ban lifts when the open interest falls below 80%. Meanwhile, the Karnataka assembly election, Q4 earnings and US inflation data are being closely monitored by investors.