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F&O Ban List: IEX among 13 stocks under trade ban on Thursday; Biocon, PEL exit
The F&O contracts of any stock enter the ban period when the open interest (OI) on it crosses 95% of the market wide positions limits or MWPL. The ban on it is reversed only if the open interest falls below 80%. Traders who trade in indices do not encounter a situation of security ban.