Major Stocks Like HDIL, GMR Infra, Kaveri Seeds, among others included in F&O contracts ban

Major stocks such as HDIL,GMR Infrastructure, Kaveri Seeds, Indiabulls Real Estate,Infibeam, JP Associates, Oriental Bank of Commerce, and Ujjivan Financial Services have been included in the future and options (F&O) contracts ban.
 
A stock generally goes under the ban in F&O when the combined open interest in its derivative contracts crosses 95% of the market-wide position limit.
 
No new contracts/fresh positions are allowed once the ban is enforced and the trade is only allowed to decrease positions.
 
Only after the aggregate open interest across exchanges comes down to 80% or below of the market-wide position limit doesthe normal trading in the stock resumes.
 
In Tuesday’s trading session, OBC is up by 1.9%, Jaiprakash Associates is up by 8.4%, GMR Infra is up by 3.6%, HDIL is up by 1%, Kaveri Seeds is up by 1%, Ujiivan Financial Services is up by 0.9% while Infibeam and Indiabulls Real Estate is down by 0.03% or 0.2% respectively.