NewsF&O ban list 21 September 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 105.63%F&O ban list 21 September 2026: Stocks in ban and MWPL watchlist, LIC Housing Finance at 105.63%
- Two stocks, Manappuram Finance and Inox Wind, are in the F&O ban today.
- LIC Housing Finance leads possible entrants with 105.63% MWPL utilisation, up 12.63 pp.
- IREDA rose 10.28 pp to 93.28%, while Crompton Greaves fell 6.50 pp to 74.50%.
- Steel Authority of India reported a 139% YoY net profit jump in Q1FY27.
*this image is generated using AI for illustrative purposes only.
Two stocks are in the F&O ban today, while LIC Housing Finance leads the possible entrants list with 105.63% MWPL utilisation.
Stocks in F&O ban today
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | Manappuram Finance | 319.15 | +0.98 | 82.39 | 87.00 | -4.61 |
| 2 | Inox Wind | 76.80 | +3.64 | 76.47 | 81.00 | -4.53 |
Both stocks in the ban saw decreased MWPL utilisation from T-2 to T-1. Manappuram Finance recorded the highest utilisation among banned stocks at 82.39%, down 4.61 pp. Inox Wind followed with 76.47%, a decrease of 4.53 pp. Neither stock has fallen to the 80% threshold required for normal trading to resume.
Recent news around ban-listed stocks
Inox Wind plans investor meetings for September 21 and 28, 2026, to present Q2FY27 results for the quarter ended June 30, 2026. The events include the Anand Rathi G-200 Summit and an Arihant Capital Markets conference.
Possible F&O ban entrants
| # | Stock | Last close (₹) | Price change (%) | T-1 MWPL (%) | T-2 MWPL (%) | Change (pp) |
|---|---|---|---|---|---|---|
| 1 | LIC Housing Finance | 548.15 | +0.41 | 105.63 | 93.00 | +12.63 |
| 2 | IREDA | 114.32 | +4.89 | 93.28 | 83.00 | +10.28 |
| 3 | Steel Authority of India | 177.33 | +1.33 | 91.50 | 91.00 | +0.50 |
| 4 | Bandhan Bank | 175.00 | +2.04 | 89.21 | 82.00 | +7.21 |
| 5 | Kaynes Technology India | 3,515.00 | -0.14 | 85.25 | 83.00 | +2.25 |
| 6 | LIC of India | 407.70 | +1.92 | 83.35 | 87.00 | -3.65 |
| 7 | Ambuja Cements | 388.30 | +1.32 | 81.54 | 81.00 | +0.54 |
| 8 | Crompton Greaves | 227.12 | +0.90 | 74.50 | 81.00 | -6.50 |
| 9 | NMDC | 79.15 | -2.04 | 74.49 | 72.00 | +2.49 |
| 10 | Canara Bank | 123.78 | -0.10 | 74.47 | 77.00 | -2.53 |
LIC Housing Finance recorded the highest T-1 MWPL utilisation at 105.63%, which is above the 95% entry threshold. It also posted the largest increase of +12.63 pp. IREDA saw the second-largest rise at +10.28 pp, closing at 93.28%. Crompton Greaves had the largest decrease at -6.50 pp, falling to 74.50%.
Possible entrants and recent developments
Steel Authority of India reported a Q1FY27 net profit jump of 139% YoY to ₹1,636 crore, with EBITDA up 48.9%. The company plans non-deal roadshows in Mumbai on September 23 and 24, 2026.
Bandhan Bank held an analyst meet on September 17, 2026, in Gurugram as part of the Jefferies India Forum 2026. Participants included C Worldwide, Schroder, and Tara Capital Partners.
Kaynes Technology India targets ₹250-300 crore in semiconductor revenue under its Semicon 2.0 initiative and plans a $1-billion OSAT expansion. The company hosted its 18th AGM on September 17, 2026, reappointing directors including Mrs. Savitha Ramesh.
LIC of India confirmed no unpublished price-sensitive information was shared during investor sessions on September 18, 2026. Corporate presentations from the event are available on the company website.
Ambuja Cements will host investor and analyst meetings in Mumbai on September 21 and 22, 2026, coinciding with JP Morgan and Anand Rathi conferences.
NMDC targets net zero operational emissions by 2047, aiming for at least a 90% reduction in Scope 1 and 2 emissions. Current initiatives include a 10.5 MW wind facility and solar installations.
Canara Bank completed a ₹2,042 crore Additional Tier I bond issue at an 8.10% coupon rate. The RBI approved the bank's call option on ₹1,500 crore AT1 bonds via letter dated September 15, 2026. The bank credited ₹159.80 crore as annual interest on its AT1 bonds on September 15, 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 upcoming Q2FY27 results for Inox Wind influence investor sentiment and its path toward reducing MWPL utilisation below the 80% threshold to lift the F&O ban?
Given LIC Housing Finance's MWPL utilisation exceeding 105%, what specific risk management measures or market interventions could prevent an immediate F&O ban entry?
Will Steel Authority of India's strong Q1FY27 profit growth and upcoming roadshows attract enough cash market volume to offset derivative positioning and stabilize its high MWPL utilisation?
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