NewsF&O ban list 15 September 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 121.05%F&O ban list 15 September 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 121.05%
- Four stocks are in the F&O ban list, with Bandhan Bank showing the highest utilisation at 96.44%.
- LIC Housing Finance tops the MWPL watchlist with utilisation at 121.05%, a 33.05 pp increase.
- Steel Authority of India is the closest to entering the ban among monitored stocks at 95.87%.
- Crompton Greaves saw the largest decrease in MWPL utilisation (-3.97 pp) among possible entrants.
*this image is generated using AI for illustrative purposes only.
Four stocks are currently in the F&O ban list, and ten names are monitored for possible entry, with LIC Housing Finance recording the highest market-wide position limit utilisation at 121.05%.
Stocks in F&O ban today
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | Bandhan Bank | 176.52 | +1.45 | 96.44 | 88.00 | +8.44 |
| 2 | Manappuram Finance | 329.00 | -0.54 | 87.41 | 90.00 | -2.59 |
| 3 | Inox Wind | 76.50 | +0.63 | 80.21 | 86.00 | -5.79 |
| 4 | Kaynes Technology India | 3,505.00 | +0.17 | 78.82 | 84.00 | -5.18 |
Bandhan Bank is in ban with the highest utilisation among the four listed stocks at 96.44%, marking an increase of 8.44 percentage points from the previous session. The other three stocks—Manappuram Finance, Inox Wind, and Kaynes Technology India—showed decreased utilisation, with Inox Wind dropping by 5.79 pp to 80.21%.
Recent news around ban-listed stocks
Bandhan Bank held an in-person group meeting with investors at the UBS India Summit 2026 on September 11, 2026, in Mumbai. Participating institutions included Axis Asset Management, Balyasny Asset Management, and Tara Capital Partners.
Possible F&O ban entrants
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | LIC Housing Finance | 562.90 | +1.92 | 121.05 | 88.00 | +33.05 |
| 2 | Steel Authority of India | 179.00 | -2.59 | 95.87 | 93.00 | +2.87 |
| 3 | IREDA | 111.71 | -0.76 | 88.71 | 80.00 | +8.71 |
| 4 | LIC of India | 404.10 | -0.37 | 79.09 | 83.00 | -3.91 |
| 5 | Ambuja Cements | 391.85 | -0.95 | 77.33 | 79.00 | -1.67 |
| 6 | Crompton Greaves | 231.00 | +0.43 | 77.03 | 81.00 | -3.97 |
| 7 | Canara Bank | 124.00 | -0.48 | 74.37 | 76.00 | -1.63 |
| 8 | NMDC | 82.40 | -2.60 | 71.62 | 71.00 | +0.62 |
| 9 | Patanjali Foods | 341.00 | +0.37 | 69.38 | 69.00 | +0.38 |
| 10 | Cochin Shipyard | 1,381.00 | -9.17 | 65.77 | 56.00 | +9.77 |
LIC Housing Finance records the highest T-1 MWPL utilisation at 121.05%, well above the 95% threshold, driven by a sharp increase of 33.05 pp. Steel Authority of India follows closely at 95.87%. Among the monitored stocks, Crompton Greaves saw the largest decrease in utilisation (-3.97 pp), while Cochin Shipyard recorded the most notable price decline of -9.17%.
Possible entrants and recent developments
LIC of India plans to hold investor meets on September 18, 21, and 22, 2026, including sessions at the Jefferies India Forum and J P Morgan India Conference. Ambuja Cements will host an investor meet at the Jefferies India Forum in Gurugram on September 17, 2026.
Crompton Greaves faces a ₹8.37 lakh GST interest demand for delayed GSTR-3B filing in FY18, which it plans to appeal. The company also launched its WallSmile Outdoor Deco Wall Light Range and scheduled virtual analyst meetings with Schonfeld Strategic Advisors and Eternal Capital.
Canara Bank warned that branch operations may be disrupted by union strikes announced by the United Forum of Bank Unions for September 11 and 28-30, 2026.
NMDC fixed iron ore prices effective September 9, 2026, with lump ore priced at ₹5,400 per ton for 65.5% grade. It also appointed M C Bhandari & Co as statutory auditor.
Cochin Shipyard reported Q1FY27 revenue rising 23% YoY to ₹1,094 crore, while net profit declined 2% to ₹151 crore. Its order book stands at ₹219 billion, up from ₹211 billion as on June 30.
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 upcoming investor meetings for LIC of India and Ambuja Cements influence their F&O open interest levels and potential ban status?
Could the union strikes at Canara Bank on September 11 and 28-30 lead to increased volatility or a spike in derivatives positioning before the ban threshold is reached?
What impact will the GST interest demand and appeal process have on Crompton Greaves' short-term trading volume and derivatives utilization?
18
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
