What is Open Interest (OI)?

Open Interest (OI) is the total number of active futures and options contracts currently open in the market.

What do Banned Today, Near Ban, Continuing Ban, and Exiting Ban mean in the F&O Ban List?

Banned Today: The stock has entered the F&O ban list today because its Market-Wide Position Limit (MWPL) utilization has reached or exceeded 95%.Near Ban: The stock is approaching the ban threshold and is considered a possible entrant to the F&O ban list. This typically applies when MWPL utilization is between 80% and 94.9%.Continuing Ban: The stock remains in the F&O ban period from previous trading sessions because its MWPL utilization is still at or above the prescribed limit.Exiting Ban: The stock's open interest has declined, making it likely to exit the F&O ban list soon. This generally applies when the MWPL utilization falls below 80%.

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F&O Ban List

F&O Ban List Today

Q: What happens if I trade banned stocks?

Fresh F&O positions are restricted during the ban period. Exchanges may impose penalties for violations, while existing positions can still be squared off.

Q: What is the difference between NSE and BSE ban lists?

The NSE F&O ban list is more actively tracked due to higher derivatives trading volumes, while BSE derivatives activity is comparatively lower.

Q: Can I square off positions during the ban period?

Yes, traders can reduce or square off existing F&O positions. Only fresh positions are restricted.

Q: What is the penalty for trading banned stocks?

If traders create fresh positions in banned stocks, the exchange may levy penalties based on the size of the violation and open interest exposure.

Q: How long does an F&O ban last?

A stock remains in the ban list until its open interest falls below 80% of the Market Wide Position Limit (MWPL).

Stay updated with today's F&O ban list. Find stocks currently under the F&O ban, nearing the MWPL limit, and those exiting the ban, based on the latest NSE data.

Closed

Last updated: 7:35 PM, 28 July 2026

0Banned Today

0Continuing Ban

0Exiting Ban

3Nearing Ban

Near Ban

Bandhan Bank Limited

Total OI22.39Cr

MWPL %89.02%

PREV. MWPL%

91.17%

2.15%

Near Ban

Canara Bank

Total OI54.72Cr

MWPL %83.41%

PREV. MWPL%

84.27%

0.86%

Near Ban

Steel Authority Of India

Total OI21.24Cr

MWPL %90.00%

PREV. MWPL%

94.16%

4.16%

Companies	Total OI	MWPL %	Prev.MWPL%
Bandhan Bank LimitedNear Ban	22.39Cr	89.02%	91.17% 2.15%
Canara BankNear Ban	54.72Cr	83.41%	84.27% 0.86%
Steel Authority Of IndiaNear Ban	21.24Cr	90.00%	94.16% 4.16%

What is the F&O Ban List?

The F&O Ban List is a list of stocks in the Futures & Options (F&O) segment where trading restrictions are temporarily imposed by the exchange due to excessive speculative positions.

In India, both National Stock Exchange of India (NSE) and BSE Limited monitor this daily.

How Does MWPL Work?

A stock enters the F&O ban list when the total open interest (OI) crosses 95% of its MWPL limit.

Example

MWPL of a stock = 100 crore contracts

Total active F&O positions = 95 crore contracts

This means the stock has reached 95% MWPL usage and enters the F&O ban period.

During this period:

Fresh F&O positions are restricted
Existing positions can only be reduced or squared off

The stock exits the ban list once open interest falls below 80% of MWPL.

What is MWPL & How it Works?

MWPL (Market Wide Position Limit) is the maximum limit of open Futures & Options positions allowed for a stock in the market.

The exchange sets this limit based on:

Free-float shares available
Market liquidity
Risk management regulations

MWPL helps exchanges control excessive speculative activity in F&O trading.

FAQs: F&O Ban List

Q1. What happens if I trade banned stocks?

Q2. What is the difference between NSE and BSE ban lists?

Q3. Can I square off positions during the ban period?

Q4. What is the penalty for trading banned stocks?

Q5. How long does an F&O ban last?