The National Stock Exchange (NSE) has announced a revision in the expiry day for certain index derivatives contracts, effective January 1, 2025. This change will modify the expiry schedule for some key indices, impacting participants in the derivatives market.
- BANKNIFTY: Monthly and quarterly contracts will now expire on the last Thursday of the expiry month instead of the last Wednesday.
- FINNIFTY: Monthly contracts will expire on the last Thursday of the expiry month instead of the last Tuesday.
- MIDCPNIFTY: Monthly contracts will expire on the last Thursday of the expiry month instead of the last Monday.
- NIFTYNXT50: Monthly contracts will expire on the last Thursday of the expiry month instead of the last Friday.
The expiry schedule for NIFTY contracts, including monthly, weekly, quarterly, and half-yearly contracts, will remain unchanged.
This update requires traders to adjust their strategies and risk management plans according to the new expiry dates. It may also influence trading volumes and rollover activity for the impacted indices.
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Source: NSE Circular
News Desk
