11 Oct 2024, 09:00 AM

Discontinuation of weekly derivatives contracts from November 2024

As per the SEBI circular, each Exchange may provide derivatives contracts for only one of its benchmark Index with weekly expiry and shall be effective from November 20, 2024.

Under the new rules, NSE will continue to offer weekly expiry options only for Nifty 50 Index and BSE will continue with Sensex weekly options.

The below-mentioned weekly contracts of indices will not be available for trading after the respective last day of trading:

Symbol Index Name Last Weekly Trading Date
BANKNIFTY Nifty Bank November 13, 2024
MIDCPNIFTY Nifty Midcap Select November 18, 2024
FINNIFTY Nifty Financial Services November 19, 2024
SENSEX50 SENSEX 50 November 14, 2024
BANKEX BANKEX November 18, 2024

Note: This will not affect the monthly expiry options, which will continue to be offered as usual.

For more details, check the circulars here (NSE, BSE).