F&O ban list 17 September 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 104.56%

scanx
Reviewed by
Ritika DScanX News Team
Key Highlights
  • Four stocks are in the F&O ban list on 17 September 2026, including Steel Authority of India and Bandhan Bank.
  • LIC Housing Finance leads the watchlist with 104.56% MWPL utilisation, up 15.56 pp from T-2.
  • Inox Wind saw the largest utilisation increase among banned stocks at 2.47 pp.
  • Kaynes Technology India recorded the largest decrease in utilisation among entrants at -9.38 pp.
powered bylight_fuzz_icon
51156074

*this image is generated using AI for illustrative purposes only.

Four stocks are in the F&O ban list and ten names are ranked for monitoring on 17 September 2026, with LIC Housing Finance recording the highest T-1 MWPL utilisation at 104.56%.

Stocks in F&O ban today

# Stock Last close (₹) Price change (%) T-1 MWPL (%) T-2 MWPL (%) Change (pp)
1 Steel Authority of India 173.55 +0.32 93.24 93.00 +0.24
2 Bandhan Bank 172.50 +0.03 87.32 86.00 +1.32
3 Inox Wind 74.50 +0.20 85.47 83.00 +2.47
4 Manappuram Finance 319.90 +0.33 82.91 88.00 -5.09

Among the banned stocks, Inox Wind recorded the largest increase in utilisation, rising by 2.47 pp to 85.47%. Steel Authority of India showed the highest absolute utilisation at 93.24%, up by 0.24 pp. Conversely, Manappuram Finance saw its utilisation decrease by 5.09 pp to 82.91%.

Recent news around ban-listed stocks

Inox Wind plans investor meetings for September 21 and 28, 2026, to present Q2FY27 results. The company will participate in the Anand Rathi G-200 Summit and an Arihant Capital Markets conference, confirming no unpublished price-sensitive information will be shared.

Possible F&O ban entrants

# Stock Last close (₹) Price change (%) T-1 MWPL (%) T-2 MWPL (%) Change (pp)
1 LIC Housing Finance 543.00 +0.18 104.56 89.00 +15.56
2 IREDA 108.40 -0.55 91.16 81.00 +10.16
3 LIC of India 395.50 +1.02 78.95 84.00 -5.05
4 Patanjali Foods 365.00 +7.81 77.74 70.00 +7.74
5 Ambuja Cements 381.05 -0.18 75.01 79.00 -3.99
6 Canara Bank 123.20 +0.68 74.47 76.00 -1.53
7 Crompton Greaves 223.40 -1.22 72.76 81.00 -8.24
8 Kaynes Technology India 3,385.00 -0.21 72.62 82.00 -9.38
9 NMDC 80.32 -0.22 71.02 71.00 +0.02
10 NBCC 81.41 +0.89 61.85 66.00 -4.15

LIC Housing Finance recorded the largest increase in utilisation, rising by 15.56 pp to 104.56%, which is above the 95% threshold. Kaynes Technology India saw the largest decrease, falling by 9.38 pp to 72.62%. Patanjali Foods posted a notable price rise of 7.81% alongside a 7.74 pp increase in utilisation.

Possible entrants and recent developments

Patanjali Foods schedules an analyst and investor meeting on September 18, beginning at 9 am. The event provides direct engagement with the company for analysts and investors.

Ambuja Cements will host investor and analyst meetings in Mumbai on September 21 and 22, coinciding with JP Morgan and Anand Rathi conferences. The company also hosted a meet at the Jefferies India Forum on September 17 in Gurugram, limiting discussions to publicly available information.

Canara Bank completed a ₹2,042 crore AT1 bond issue on September 16 at an 8.10% coupon rate. The RBI approved the bank's call option on ₹1,500 crore AT1 bonds on September 15, and the bank credited ₹159.80 crore as annual interest on its AT1 bonds on the same day.

Crompton Greaves launched the WallSmile outdoor deco wall light range on September 12, featuring IP54 water resistance. The company also faces a ₹8.37 lakh GST interest demand for delayed GSTR-3B filing in FY18, which it plans to appeal under Section 112 of the SGST Act, 2017.

NBCC opened a branch office in South Yarra, Australia, on September 14 to target PMC and EPC contracts. At its 66th AGM, shareholders approved a ₹0.46 final dividend per share for FY26 and reappointed directors Anjeev Kumar Jain and Ravi Kumar Arora.

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 F&O ban on Inox Wind impact its upcoming Q2FY27 investor meetings and subsequent stock volatility?

Given LIC Housing Finance's MWPL utilisation exceeding 104%, what is the likelihood of it entering the F&O ban list in the next trading session?

Will Canara Bank's recent AT1 bond issuance and RBI approval influence its F&O open interest levels or credit rating outlook?

like19
dislike