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06 Jun 2023, 10:00 AM

Revision in expiry day for BANKNIFTY F&O contracts [Withdrawn]

Update [June 27, 2023]: NSE has withdrawn this circular with immediate affect. You can check the circular here.

The NSE has changed the expiry day for BANKNIFTY Futures and Options contracts from Thursday to Friday, effective from July 7, 2023. Existing contracts with a Thursday expiry date will be revised to Friday on July 6, 2023, end of the day.

Expiry Day Current Expiry Day Revised Expiry Day
Weekly contracts Thursday of every week excluding the expiry week of the monthly contract
  • All existing weekly contracts shall expire on Friday of every week
  • If Friday is a trading holiday, then the expiry day is the previous trading day
Monthly & Quarterly contracts Last Thursday of the expiry month
  • All monthly contracts shall expire on the last Friday of the respective contract month
  • If Friday is a trading holiday, then the expiry day is the previous trading day

You can check the NSE circular here.

If you have any queries then please post them on our TradingQ&A forum here.