F&O ban list 08 October 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 98.42%
- Three stocks are currently in F&O ban, led by Ambuja Cements at 92.44% MWPL utilisation
- LIC Housing Finance tops possible entrants with 98.42% utilisation, above the 95% threshold
- LIC Housing Finance saw the largest MWPL increase (+8.42 pp), while LIC of India had the largest decrease (-4.76 pp)
- Bandhan Bank reported 13.1% YoY loan growth in Q2FY27 amid its ban status

*this image is generated using AI for illustrative purposes only.
On 08 October 2026, three stocks are in F&O ban, while LIC Housing Finance tops the possible entrants list at 98.42% MWPL utilisation.
Stocks in F&O ban today
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | Ambuja Cements | 356.90 | -1.29 | 92.44 | 95.00 | -2.56 |
| 2 | Bandhan Bank | 162.99 | -0.71 | 84.60 | 88.00 | -3.40 |
| 3 | Steel Authority of India | 174.31 | -2.13 | 81.13 | 81.00 | +0.13 |
Ambuja Cements recorded the highest utilisation among banned stocks at 92.44%, though this represented a decrease of 2.56 pp from the previous session. Bandhan Bank saw the largest drop in utilisation among the listed names, falling 3.40 pp to 84.60%. Steel Authority of India remained relatively stable, with a marginal increase of 0.13 pp to 81.13%.
Recent news around ban-listed stocks
- Ambuja Cements: ACC Ltd is scheduled to host investor interactions in Singapore on November 18 and 19, 2026, as part of the Adani Annual Conference.
- Bandhan Bank: Q2FY27 results showed loans rising 13.1% YoY to ₹1,58,335 crore, while deposits grew 9.2% YoY. The CASA ratio declined to 26.71% from 29.40% in the previous quarter.
- Steel Authority of India: SAIL and NMDC have been directed to identify overseas iron ore and coking coal assets to secure long-term raw material supplies. Additionally, Mohit Malpani was appointed as ED(F&A) and Company Secretary effective October 1, 2026.
Possible F&O ban entrants
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | LIC Housing Finance | 515.40 | +2.67 | 98.42 | 90.00 | +8.42 |
| 2 | Kaynes Technology India | 3,365.00 | -1.17 | 90.59 | 85.00 | +5.59 |
| 3 | Manappuram Finance | 308.90 | -0.42 | 86.98 | 85.00 | +1.98 |
| 4 | Inox Wind | 67.10 | -2.33 | 80.85 | 84.00 | -3.15 |
| 5 | Patanjali Foods | 360.95 | -0.56 | 80.42 | 78.00 | +2.42 |
| 6 | Crompton Greaves | 210.70 | -0.60 | 76.21 | 77.00 | -0.79 |
| 7 | APL Apollo Tubes | 2,135.00 | -0.79 | 73.60 | 73.00 | +0.60 |
| 8 | Canara Bank | 119.15 | +1.13 | 72.91 | 74.00 | -1.09 |
| 9 | IREDA | 107.33 | -1.53 | 69.31 | 68.00 | +1.31 |
| 10 | LIC of India | 386.30 | -0.95 | 69.24 | 74.00 | -4.76 |
LIC Housing Finance holds the highest T-1 MWPL utilisation at 98.42%, which is above the 95% threshold. It also recorded the largest increase in utilisation, rising 8.42 pp from the previous session. Conversely, LIC of India experienced the largest decrease, dropping 4.76 pp to 69.24%.
Possible entrants and recent developments
- Canara Bank: The bank reported global business up 15.83% YoY to ₹30.71 lakh crore for Q2FY27. Outstanding debt securities stood at ₹53,445 crore as on September 30, 2026. Shambhu Lal was appointed Head of Human Resources Wing effective October 1, 2026.
- IREDA: The company signed a performance-based MoU with the Ministry of New and Renewable Energy (MNRE) on October 5, 2026, setting strategic targets for FY27. Dr. Bijay Kumar Mohanty’s additional CMD charge was extended for three months starting October 1, 2026.
- APL Apollo Tubes: Q2FY27 results showed sales volume rising 13% YoY to a record 963,143 tons. H1FY27 volume grew 4% YoY to 1,707,966 tons.
- Crompton Greaves: The company confirmed an SGST demand of ₹1.59 crore for FY21 and plans to appeal under Section 112 of the SGST Act, 2017.
- LIC of India: Five independent directors were appointed to the board for four-year terms starting October 7, 2026, including former Federal Bank CEO Shyam Srinivasan.
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 the potential F&O ban on LIC Housing Finance impact its liquidity and price volatility in the coming sessions?
Will Ambuja Cements' declining MWPL utilisation trend allow it to exit the F&O ban before its November investor interactions?
What are the implications of Bandhan Bank's declining CASA ratio for its net interest margin outlook amid rising loan growth?
























