The National Stock Exchange (NSE) has announced a change in the expiry date for some index derivative contracts. The weekly and quarterly contracts of Bank Nifty will now expire on the last Thursday instead of the last Wednesday of the month. The monthly contracts of Fin Nifty will now expire on the last Thursday of the month instead of the last Tuesday. At the same time, the monthly contracts of Mid Nifty will now expire on the last Thursday of the month instead of the last Monday. Along with this, the monthly contracts of Nifty Next 50 will now expire on the last Thursday instead of the last Friday of the month. These changes will come into effect from January 1, 2025. However, there has been no change in the expiry day of Nifty’s monthly, weekly, quarterly and half-yearly contracts. BSE is also changing the expiry day of contracts Earlier on Thursday, the Bombay Stock Exchange (BSE) had announced a change in the expiry day of Sensex, Bankex and Sensex 50 index derivative contracts. Weekly Sensex derivative contracts will now expire on Tuesday of every week instead of Friday. The same change will be seen in monthly contracts for benchmark indices. In the monthly segment, the Bankex contract will now expire on the last Tuesday of the month instead of Monday. The contract for Sensex 50 will expire on Tuesday instead of the last Thursday of the month. Apart from this, the quarterly and semi-annual contracts of Sensex will expire on the last Tuesday of the month instead of Friday. These changes of BSE will also be applicable from January 1, 2025. NSE has increased the lot size 3 times in FO trading After the order of market regulator SEBI, the National Stock Exchange (NSE) has increased the lot size of all its five index derivative contracts. The lot size of Nifty 50 has been increased from 25 to 75, which is an increase of 3 times. The lot size of Nifty Bank has been increased from 15 to 30. SEBI hopes that this move will reduce the participation of retail investors in FO. New lot sizes have come into effect from 20 November 2024. The first contract will expire on January 2 as per the new lot size. Although NSE has implemented the decision to change the lot size from November 20, due to the contracts issued before this, the contract will take different time according to the new lot size. No contract will be able to expire according to the new lot size before January 2 next year. What is Futures and Options? Futures and Options (FO) are a type of financial instrument that allows the investor to take large positions in stocks, commodities, currencies with less capital. Futures and options are a type of derivative contract, which have a fixed period. Within this time frame, their prices change according to the price of the stock. Futures and options of every stock are available in one lot size. ……………………………………………… Read this market related news too… Nifty may come down to 21,982 level: 1500 point fall possible, read the full interview of Harshubha Shah
In the coming 2-3 months, Nifty may come down to 21,982 level. Harshubha Mahesh Shah, founder of Wealth View Analytics has given this market prediction. Harshubha has given this prediction on 10th November. Harshubha Shah has been bearish on the market since the time the market was at 26,000 level. He has been advising traders to avoid buying since then. Read the full news…
