F&O ban list 05 October 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 85.98%
- Two stocks, Bandhan Bank and Ambuja Cements, are currently in F&O ban.
- LIC Housing Finance leads the possible entrants list with 85.98% MWPL utilisation.
- Kaynes Technology India recorded the largest MWPL utilisation increase of 3.81 pp.
- Ambuja Cements saw the largest drop in MWPL utilisation among banned stocks at 15.82 pp.

*this image is generated using AI for illustrative purposes only.
Two stocks are in F&O ban on October 5, 2026, while LIC Housing Finance tops the possible entrants watchlist with 85.98% MWPL utilisation.
Stocks in F&O ban today
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | Bandhan Bank | 176.00 | -1.25 | 93.99 | 90.00 | +3.99 |
| 2 | Ambuja Cements | 362.25 | -3.14 | 80.18 | 96.00 | -15.82 |
Ambuja Cements recorded the largest change in MWPL utilisation, dropping 15.82 pp to 80.18%. Bandhan Bank saw its utilisation increase by 3.99 pp to 93.99%, the highest reading among banned stocks.
Recent news around ban-listed stocks
Bandhan Bank reported Q2FY27 results on October 3, 2026, showing loans and advances rose 13.1% YoY to ₹1,58,335 crore. Total deposits increased 9.2% YoY to ₹1,72,689 crore, while the CASA ratio declined to 26.71% from 29.40% in the previous quarter.
Possible F&O ban entrants
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | LIC Housing Finance | 509.00 | -4.00 | 85.98 | 89.00 | -3.02 |
| 2 | Kaynes Technology India | 3,399.00 | -2.91 | 85.81 | 82.00 | +3.81 |
| 3 | Manappuram Finance | 308.90 | -2.20 | 82.89 | 80.00 | +2.89 |
| 4 | Steel Authority of India | 174.50 | -3.85 | 81.74 | 81.00 | +0.74 |
| 5 | Inox Wind | 68.75 | -1.09 | 80.36 | 81.00 | -0.64 |
| 6 | Crompton Greaves | 202.70 | -2.86 | 77.05 | 78.00 | -0.95 |
| 7 | Patanjali Foods | 355.15 | -2.16 | 76.46 | 75.00 | +1.46 |
| 8 | Canara Bank | 118.36 | -0.90 | 71.81 | 74.00 | -2.19 |
| 9 | NMDC | 74.64 | -2.48 | 69.52 | 72.00 | -2.48 |
| 10 | IREDA | 111.00 | -0.61 | 68.78 | 69.00 | -0.22 |
LIC Housing Finance holds the highest T-1 MWPL utilisation at 85.98%, which is below the 95% threshold. Kaynes Technology India registered the largest increase in utilisation, rising 3.81 pp to 85.81%, while LIC Housing Finance also recorded the largest decrease of 3.02 pp.
Possible entrants and recent developments
Steel Authority of India appointed Mohit Malpani as ED(F&A) and Company Secretary effective October 1, 2026, succeeding M.B. Balakrishnan. Malpani brings over 30 years of experience with SAIL.
Crompton Greaves confirmed a SGST demand of ₹1.59 crore for FY21 on October 1, 2026, and plans to appeal under Section 112 of the SGST Act, 2017. The company also closed its trading window from October 1 for Q2FY27 results.
Patanjali Foods approved three interim dividends totaling ₹5.00 per share for FY26 at its 40th AGM on September 29, 2026. Members adopted audited standalone and consolidated financial statements for FY26.
Understanding MWPL and the table
- MWPL is the maximum aggregate open interest permitted in a stock's derivatives.
- A stock enters the F&O ban when aggregate open interest exceeds 95% of MWPL; while it is in ban, participants may only reduce existing positions.
- Normal trading resumes when aggregate open interest falls to 80% of MWPL or below.
- T-1 is the latest completed trading session, T-2 is the preceding completed session, and Change (pp) is T-1 MWPL utilisation minus T-2 MWPL utilisation in percentage points.
How might Bandhan Bank's declining CASA ratio impact its net interest margin and future credit growth trajectory?
Will the sharp drop in Ambuja Cements' MWPL utilisation suggest a significant unwinding of derivative positions or a shift in institutional sentiment?
Could LIC Housing Finance's high open interest utilisation signal increased hedging activity ahead of potential interest rate changes or earnings announcements?
























