NewsF&O ban list 16 October 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 93.19%F&O ban list 16 October 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 93.19%
- Three stocks are in F&O ban, led by Kaynes Technology India at 99.39% MWPL utilisation.
- LIC Housing Finance tops the watchlist at 93.19%, remaining below the 95% entry threshold.
- IREDA recorded the largest MWPL increase of 10.88 pp, while Inox Wind saw a 0.71 pp decrease.
- Canara Bank shares fell 6.12% despite a 2.97 pp rise in MWPL utilisation.
*this image is generated using AI for illustrative purposes only.
On October 16, 2026, three stocks are in F&O ban and ten are possible entrants, with LIC Housing Finance topping the watchlist at 93.19%.
Stocks in F&O ban today
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | Kaynes Technology India | 3,260.00 | -0.46 | 99.39 | 94.00 | +5.39 |
| 2 | Steel Authority of India | 170.29 | +0.17 | 94.98 | 95.00 | -0.02 |
| 3 | Ambuja Cements | 350.90 | +0.54 | 91.03 | 92.00 | -0.97 |
Kaynes Technology India records the highest utilisation at 99.39%, reflecting a 5.39 pp increase from T-2. Steel Authority of India shows a marginal decrease of 0.02 pp, while Ambuja Cements declined by 0.97 pp. The price movements for these stocks remain modest, ranging from -0.46% to +0.54%.
Possible F&O ban entrants
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | LIC Housing Finance | 533.20 | -0.34 | 93.19 | 84.00 | +9.19 |
| 2 | Crompton Greaves | 215.55 | -0.21 | 85.44 | 83.00 | +2.44 |
| 3 | Manappuram Finance | 323.40 | -0.19 | 85.24 | 84.00 | +1.24 |
| 4 | Inox Wind | 68.58 | -1.85 | 84.29 | 85.00 | -0.71 |
| 5 | Bandhan Bank | 170.34 | +1.04 | 80.91 | 81.00 | -0.09 |
| 6 | LIC of India | 394.00 | +0.00 | 79.67 | 77.00 | +2.67 |
| 7 | Patanjali Foods | 365.65 | -0.84 | 79.51 | 76.00 | +3.51 |
| 8 | Canara Bank | 117.12 | -6.12 | 78.97 | 76.00 | +2.97 |
| 9 | IREDA | 108.26 | -0.19 | 76.88 | 66.00 | +10.88 |
| 10 | APL Apollo Tubes | 2,139.00 | -0.97 | 75.39 | 75.00 | +0.39 |
LIC Housing Finance holds the highest T-1 MWPL utilisation among entrants at 93.19%, which is below the 95% threshold. IREDA exhibits the largest increase of 10.88 pp, while Inox Wind sees a decrease of 0.71 pp. Canara Bank registers a notable price drop of -6.12% alongside a 2.97 pp rise in MWPL utilisation.
Possible entrants and recent developments
Crompton Greaves (T-1 MWPL: 85.44%) reassigned its internal audit head on October 15, citing an internal role transition. On October 12, the company launched the InstaNourish Pro kettle and an AI-powered festive campaign, expanding its smart home ecosystem.
Bandhan Bank (T-1 MWPL: 80.91%) stated on October 13 that it was unaware of reports regarding Abu Dhabi’s IHC acquiring a stake, attributing stock movements to broader market trends.
LIC of India (T-1 MWPL: 79.67%) announced on October 12 the launch of three new insurance products effective October 19, 2026, including New Jeevan Dhara-II and Health Shield.
Canara Bank (T-1 MWPL: 78.97%) reported Q2FY27 results on October 14, showing standalone net profit up 8.4% YoY to ₹5,174.76 crore, with GNPA declining to 1.33%.
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 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 sharp 10.88 pp surge in IREDA's open interest utilization impact its liquidity and price volatility if it breaches the 95% F&O ban threshold?
Given Canara Bank's 6.12% price drop despite improved Q2FY27 earnings, what underlying factors are driving the increased derivative positioning and MWPL utilization?
With LIC Housing Finance approaching the ban limit at 93.19%, how could a potential entry into the F&O ban affect the stock's short-term trading dynamics and institutional interest?
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