Nifty Monthly Expiry Today: LIC Housing Finance and SAIL Under F&O Ban on September 29, 2026

The Nifty 50 closed lower on September 28, 2026, falling 360.25 points, or 1.56%, to 22,780.25.  

The Sensex also ended in the red, declining 1124.02 points, or 1.52%, to 72,771.72.  

As traders head into the monthly expiry, LIC Housing Finance and SAIL are under the Futures and Options (F&O) ban. 

Stock Under F&O Ban on Nifty's Monthly Expiry Day 

Ahead of the Nifty's Monthly expiry on September 29, 2026, the National Stock Exchange (NSE) has LIC Housing Finance and SAIL placed under the Futures and Options (F&O) trading ban: 

This restriction is enforced when the open interest in the stock crosses 95% of the market-wide position limit (MWPL). While fresh derivative positions are disallowed, the stock continues to be available for trading in the cash market. 

The stock under the F&O ban for September 29, 2026, are 

1. LIC Housing Finance Share Price Performance

As of September 28, 2026, at 3:30 PM, LIC Housing Finance share price on NSE was closed at ₹564.15 down by 0.33% from the previous closing price. 

1. Steel Authority of India Share Price Performance

As of September 28, 2026, at 3:30 PM, Steel Authority of India share price on NSE was closed at ₹184.20 down by 0.43% from the previous closing price. 

Why Is a Stock Under F&O Ban? 

A stock enters the Futures & Options (F&O) ban list on the National Stock Exchange (NSE) when the open interest in its derivative contracts crosses 95% of the Market-Wide Position Limit (MWPL). This measure is designed to control excessive speculation and ensure smooth market functioning. 

During the ban: 

• No new F&O positions can be initiated in that stock.
• Traders may only square off or reduce existing positions.
• Any breach of these rules can lead to penalties and disciplinary action by the exchange. 

This mechanism is especially important during periods of high volatility—such as contract expiry weeks—to prevent sharp price swings and maintain market stability. 

About Nifty Monthly Expiry 

Nifty 50 Futures & Options Monthly contracts expire every last Tuesday of the month. If Tuesday happens to be a trading holiday, the expiry is shifted to the previous trading day. Settlement for all contracts is based on the closing price on the day of expiry. 

For convenience, some trading platforms display Monthly contracts under the “monthly” tab during expiry week. This is purely a technical arrangement and does not change the actual expiry rules.  

Also Read: Blue Cloud Softech Solutions Share Price Jumps Over 12% After Securing ₹147 Crore Order from IBM Cloud! 

Conclusion 

Market sentiment remains subdued as traders tread carefully ahead of Nifty's Monthly expiry. With LIC Housing Finance and SAIL under the F&O ban, participants are likely to shift focus to cash market opportunities while awaiting expiry cues. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.