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