https://www.moneycontrol.com/news/business/markets/mc-explainer-what-is-fo-ban-everything-you-need-to-know-11595181.html
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The F&O contracts of stock enter the ban period when the open interest of any stock crosses 95 percent of the Market Wide Positions Limits(MWPL). The ban is reversed only if the open interest falls below 80 percent.
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