Revision in Expiry Day of Derivative Contracts
- Share. Market
- 2 min read
- 04 Dec 2024
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Aligning with BSE’s recent adjustments, NSE has also announced changes to the expiry days of a few of its contracts. This update will take effect at the end of January 1, 2025, meaning all contracts will adhere to the new expiry day from the following trading day, January 2, 2025.
New Expiry of NSE derivative contracts
Index Derivatives | Current Expiry Day | Revised Expiry Day (Effective from 01st January 2025) |
Bank Nifty monthly & quarterly contracts | Last Wednesday of expiry month | Last Thursday of expiry month |
Fin Nifty monthly contracts | Last Tuesday of expiry month | Last Thursday of expiry month |
Nifty Midcap Select monthly contracts | Last Monday of expiry month | Last Thursday of expiry month |
Nifty Next 50 monthly contracts | Last Friday of expiry month | Last Thursday of expiry month |
You can find the NSE circular here.
Earlier, the BSE had also shifted the expiries of its contracts
Index Derivatives | Current Expiry Day | Revised Expiry Day (Effective from 03rd January 2025) |
Sensex weekly contract | Friday of every week | Tuesday of every week |
Sensex monthly contract | Last Friday of the expiry month | Last Tuesday of the expiry month |
Bankex monthly contract | Last Monday of the expiry month | Last Tuesday of the expiry month |
Sensex 50 monthly contract | Last Thursday of the expiry month | Last Tuesday of the expiry month |
Sensex quarterly and semi-annual contracts | Last Friday of the expiry month | Last Tuesday of the expiry month |
You can check the BSE circular here.
SEBI recently instructed the exchanges to restrict weekly options to a single index derivative product, in order to curb excessive trading. Hence, both the BSE and the NSE have phased out weekly contracts for all index derivatives, except Sensex and Nifty, effective November 20, 2024.
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