19 Oct 2024, 06:30 PM

Revision in lot size of Index derivative contracts from November 20, 2024

SEBI’s new rules require the minimum contract value for index F&O to be a minimum ₹15 lakhs at the time of launching new contracts. To meet this criteria, NSE will revise the lot sizes for all new index F&O contracts introduced from November 20, 2024, onwards.

  • Existing weekly and monthly contracts will continue with the current lot sizes until they expire.
  • Newly introduced contracts will have the revised lot sizes as follows:
Sr. No. Index Symbol Present Market Lot Revised Market lot
1 NIFTY 50 NIFTY 25 75
2 Nifty Bank BANKNIFTY 15 30
3 Nifty Financial Services FINNIFTY 25 65
4 Nifty Midcap Select MIDCPNIFTY 50 120
5 Nifty Next 50 NIFTYNXT50 10 25
6 BSE Sensex SENSEX 10 20
7 BSE Bankex BANKEX 15 30
8 BSE Sensex 50 SENSEX50 25 60

For quarterly and half-yearly contracts:

  • Lot size will change on December 26, 2024, end of the day for Nifty.
  • Lot size will change on December 24, 2024, end of the day for Bank Nifty.
  • Lot size will change on December 27, 2024, end of the day for Sensex.

All the changes will come into effect from the following expires:

Index Expiry Expiry Date Effective change
Nifty 50 Weekly December 19, 2024 Last weekly expiry with existing lot size
Weekly January 02, 2025 First weekly expiry with revised lot size
Monthly January 30, 2025 Last monthly expiry with existing lot size
Monthly February 27, 2025 First monthly expiry with revised lot size
Quarterly & half yearly March 27, 2025 Will be revised from December 26, 2024, end of the day
Nifty Bank Monthly January 29, 2025 Last monthly expiry with existing lot size
Monthly February 26, 2025 First monthly expiry with revised lot size
Quarterly March 26, 2025 Will be revised from December 24, 2024, end of the day
Nifty Financial Services Monthly January 28, 2025 Last monthly expiry with existing lot size
Monthly February 25, 2025 First monthly expiry with revised lot size
Nifty Midcap Select Monthly January 27, 2025 Last monthly expiry with existing lot size
Monthly February 24, 2025 First monthly expiry with revised lot size
Nifty Next 50 Monthly January 31, 2025 Last monthly expiry with existing lot size
Monthly February 28, 2025 First monthly expiry with revised lot size
Sensex Weekly January 03, 2025 Last weekly expiry with existing lot size
Weekly January 10, 2025 First weekly expiry with revised lot size
Monthly January 31, 2025 Last monthly expiry with existing lot size
Monthly February 28, 2025 First monthly expiry with revised lot size
Quarterly & half yearly March 28, 2025 Will be revised from December 27, 2024, end of the day
BSE Bankex Monthly January 27, 2025 Last monthly expiry with existing lot size
Monthly February 24, 2025 First monthly expiry with revised lot size
BSE Sensex 50 Monthly January 30, 2025 Last monthly expiry with existing lot size
Monthly February 27, 2025 First monthly expiry with revised lot size

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

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