F&O ban list 15 October 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 101.28%
- Two stocks, Kaynes Technology India and Ambuja Cements, are currently in the F&O ban list.
- LIC Housing Finance leads the possible entrants watchlist with 101.28% MWPL utilisation.
- LIC Housing Finance recorded the largest MWPL increase of 23.28 pp from the previous session.
- Steel Authority of India is positioned just above the 95% threshold at 95.28% utilisation.

*this image is generated using AI for illustrative purposes only.
On October 15, 2026, two stocks are in F&O ban while LIC Housing Finance tops the MWPL watchlist at 101.28%.
Stocks in F&O ban today
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | Kaynes Technology India | 3,275.00 | -0.46 | 101.64 | 95.00 | +6.64 |
| 2 | Ambuja Cements | 349.00 | -0.29 | 91.21 | 92.00 | -0.79 |
Kaynes Technology India recorded the highest utilisation among banned stocks at 101.64%, reflecting a 6.64 pp increase from the previous session. Ambuja Cements saw its MWPL utilisation decrease by 0.79 pp to 91.21%, despite remaining in the ban category.
Possible F&O ban entrants
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | LIC Housing Finance | 535.00 | -5.14 | 101.28 | 78.00 | +23.28 |
| 2 | Steel Authority of India | 170.00 | -1.60 | 95.28 | 94.00 | +1.28 |
| 3 | Manappuram Finance | 324.00 | -0.84 | 86.79 | 84.00 | +2.79 |
| 4 | Inox Wind | 69.87 | -0.10 | 86.72 | 85.00 | +1.72 |
| 5 | Crompton Greaves | 216.00 | +2.13 | 84.58 | 82.00 | +2.58 |
| 6 | Bandhan Bank | 168.58 | -1.99 | 83.33 | 79.00 | +4.33 |
| 7 | Patanjali Foods | 368.75 | +0.34 | 81.21 | 77.00 | +4.21 |
| 8 | Canara Bank | 124.76 | +3.59 | 78.20 | 74.00 | +4.20 |
| 9 | LIC of India | 394.00 | -0.01 | 76.48 | 73.00 | +3.48 |
| 10 | APL Apollo Tubes | 2,160.00 | -1.14 | 75.92 | 74.00 | +1.92 |
LIC Housing Finance exhibits the highest T-1 MWPL utilisation at 101.28%, which is above the 95% threshold. It also posted the largest MWPL increase of +23.28 pp. Steel Authority of India shows the smallest increase among top movers at +1.28 pp, yet its utilisation of 95.28% places it just above the entry limit.
Possible entrants and recent developments
- LIC Housing Finance: A block trade worth ₹83.63 crore involving approximately 1,500,000 shares was executed on BSE on October 8, 2026.
- Crompton Greaves: The company launched the InstaNourish Pro kettle and an AI-powered festive campaign on October 12, 2026.
- Bandhan Bank: On October 13, 2026, the bank stated it was unaware of Abu Dhabi's IHC acquiring a stake in the institution.
- Canara Bank: Q2FY27 results released on October 14, 2026, showed standalone net profit rising 8.4% YoY to ₹5,174.76 crore.
- LIC of India: Three new insurance products were announced on October 12, 2026, effective October 19, 2026.
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 23.28 percentage point surge in LIC Housing Finance's MWPL utilisation influence short-term volatility and liquidity in its derivatives market?
Given the block trade activity, will LIC Housing Finance's open interest decline sufficiently to exit the F&O ban, or is a prolonged restriction likely?
What are the potential impacts on Ambuja Cements' hedging strategies as its MWPL utilisation remains high despite a slight decrease?
























