SEBI’s new index derivatives rules allow each exchange to have a weekly expiry for only one benchmark index beginning November 20, 2024.

Under the new rules, the NSE will have weekly expiry only for the Nifty 50 index, discontinuing it for the Nifty Bank, Nifty Financial Services, and Nifty Midcap Select indices.

BSE will offer weekly expiry only for Sensex and will discontinue it for BANKEX and Sensex 50 indices.

Here’s how the expiry schedule will look like once the changes come into effect.

We’ve explained what changes for index derivatives under new rules in this episode of Markets by Zerodha’s Daily Brief👇