Market Wide Position Limit (MWPL)

When does any stock enter Ban Period in F&O segment?

When the Market wide FutEq OI of a stock exceeds 95% of the applicable MWPL, the stock would be placed in ban period from next day onwards.

Below is changing from December 08, 2025:

If a stock enters Ban Period, any trades executed in the stock should lead to reduction of FutEq OI on end of the day basis. The calculation would be based on delta of contracts as at 2 PM on daily basis.

Exit Condition:

The stock will come out of ban when:

A stock exits ban when Combined FutEq Open Interest across all Exchanges comes down to 80% of the MWPL.

This is checked daily by the exchange after market hours.