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Nifty Bank lot size increases to 35 with effect from July 31 for monthly expiries
Nifty Bank lot size increases to 35 with effect from July 31 for monthly expiries

Economic Times

time6 days ago

  • Business
  • Economic Times

Nifty Bank lot size increases to 35 with effect from July 31 for monthly expiries

The NSE circular clarified: For Bank Nifty and Nifty Midcap Select, the first monthly expiry to reflect the revised lot sizes will be July 31, 2025. All quarterly contracts available for trading from April 25, 2025, will carry the updated lot sizes. Live Events Background (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The National Stock Exchange (NSE) had earlier revised the lot sizes for derivative contracts on Nifty Bank, increasing the lot size to 35, from an earlier 30, with effect from the July 2025 monthly with Nifty Bank, the NSE had also revised the lot size for Nifty Midcap Select, which will rise from 120 to 140, as per the circular dated March changes will apply to all new contracts generated from April 25, 2025, onwards. Contracts with earlier expiries, including April 24, May 29, and June 26, 2025, continued to trade with the old lot day spread order book will not be available for the May–July and June–July 2025 combination revision follows the SEBI circular issued in December 2024, and forms part of SEBI's periodic review mechanism to ensure that derivative contract values remain within the prescribed notional the latest revision, the average closing prices during March 2025 were used to calculate the new lot the lot sizes for Nifty 50 (75), Nifty Financial Services (65), and Nifty Next 50 (25) remain changes align with broader efforts by SEBI and NSE to enhance risk management and ensure contract sizes remain within regulatory thresholds. This is not the first instance of such an adjustment—in October 2024, NSE had increased lot sizes across five major index derivatives after SEBI raised the minimum contract size to Rs 15 lakh. At the time, Nifty 50's lot size tripled from 25 to 75, and Bank Nifty's doubled from 15 to in March 2025, SEBI proposed limiting expiries of all equity derivatives to either Tuesday or Thursday to ensure spacing across exchanges and avoid bunching of changes also come alongside a previously announced shift in F&O expiry days to Monday, effective April 4, 2025, for indices such as Nifty, Bank Nifty, FinNifty, Nifty Next50, and Nifty Midcap Select. Under SEBI's consultation paper, exchanges will now require prior regulatory approval for modifying contract expiries or settlement revised lot sizes are aimed at maintaining efficient risk exposure, improving regulatory compliance, and supporting market stability.

Jane Street cleared to trade in India after  ₹4,843.5 crore SEBI deposit: Report
Jane Street cleared to trade in India after  ₹4,843.5 crore SEBI deposit: Report

Mint

time14-07-2025

  • Business
  • Mint

Jane Street cleared to trade in India after ₹4,843.5 crore SEBI deposit: Report

One of the world's largest quant trading firms, Jane Street Group, has reportedly deposited ₹ 4,843.5 crore in an escrow account—fulfilling one of the key conditions set by the Securities and Exchange Board of India (Sebi) on July 3, when it barred the US-based high-frequency trader from participating in the Indian stock market. According to a Moneycontrol report, after depositing the money, Jane Street Group is free to start trading in Indian equity markets. The Moneycontrol report, quoting highly placed sources, said: 'Jane Street Group deposited ₹ 4,843.5 crore on Friday in compliance with the Sebi order. With the deposit made in an escrow account and the order's terms met, Jane Street can now resume its trading operations on the exchanges.' Mint could not independently verify this news. On 3 July, Sebi barred four Jane Street entities from accessing the Indian stock market and impounded ₹ 4,843 crore in alleged illegal gains. Sebi said four Jane Street Group entities, including two based overseas, systematically manipulated India's Bank Nifty, Nifty 50, FinNifty, and Midcap Nifty indices through their constituent stocks and derivatives over the past two years through May. Meanwhile, Sebi is now examining Jane Street's alleged manipulation of Sensex options contracts as well. "The investigation is ongoing and would not be limited to the NSE indices, but would also include the Sensex options, whose popularity soared in the past two financial years," Mint reported, quoting one of the persons, speaking on the condition of anonymity. "Sensex options have gained market share in recent years, and by that token, trades here too would not escape regulatory attention for any possible instances of manipulation by the JS Group," a second source told Mint. Read all market-related news here Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.

NSE moves expiry day for derivatives contracts to Tuesday from August end
NSE moves expiry day for derivatives contracts to Tuesday from August end

Economic Times

time23-06-2025

  • Business
  • Economic Times

NSE moves expiry day for derivatives contracts to Tuesday from August end

The National Stock Exchange (NSE) has revised the expiry day for all index and stock derivatives contracts, shifting it from Thursdays to Tuesdays. This change will come into effect from the end of trading day on August 28 as per a circular. ADVERTISEMENT Currently, weekly Nifty and stock derivative contracts expire every Thursday, while monthly, quarterly, and half-yearly contracts expire on the last Thursday of the relevant expiry month. Starting August 29, all new contracts and existing open positions will reflect Tuesday as the new expiry date. The change applies across a broad spectrum of contracts: Nifty weekly, monthly, quarterly, and half-yearly contracts. Bank Nifty and other indices like Fin Nifty, Midcap Nifty, Nifty Next50 and all single stock derivatives. For example, a Nifty weekly contract originally expiring on September 4 will now expire on September 9. Similarly, the monthly Nifty contract scheduled to expire on September 25 will move to September 30. The change has been illustrated in an annexure provided by the NSE to reduce operational revised contract files, reflecting the new expiry dates, will be available on the NSE on August 28 after market hours. Members have been advised to use updated versions of are no other changes to the contract specifications beyond the expiry day shift. The clearing corporations will separately communicate any adjustments to the settlement schedules. ADVERTISEMENT The change, which aligns NSE more closely with global practices in some markets, is aimed at operational streamlining and risk reduction—though market participants will need to update trading systems and adjust internal processes accordingly. (You can now subscribe to our ETMarkets WhatsApp channel)

NSE moves expiry day for derivatives contracts to Tuesday from August end
NSE moves expiry day for derivatives contracts to Tuesday from August end

Time of India

time23-06-2025

  • Business
  • Time of India

NSE moves expiry day for derivatives contracts to Tuesday from August end

The National Stock Exchange (NSE) has revised the expiry day for all index and stock derivatives contracts, shifting it from Thursdays to Tuesdays. This change will come into effect from the end of trading day on August 28 as per a circular. Currently, weekly Nifty and stock derivative contracts expire every Thursday, while monthly, quarterly, and half-yearly contracts expire on the last Thursday of the relevant expiry month. Starting August 29, all new contracts and existing open positions will reflect Tuesday as the new expiry date. The change applies across a broad spectrum of contracts: Nifty weekly, monthly, quarterly, and half-yearly contracts. Bank Nifty and other indices like Fin Nifty, Midcap Nifty, Nifty Next50 and all single stock derivatives. For example, a Nifty weekly contract originally expiring on September 4 will now expire on September 9. Similarly, the monthly Nifty contract scheduled to expire on September 25 will move to September 30. The change has been illustrated in an annexure provided by the NSE to reduce operational confusion. The revised contract files, reflecting the new expiry dates, will be available on the NSE on August 28 after market hours. Members have been advised to use updated versions of contracts. There are no other changes to the contract specifications beyond the expiry day shift. The clearing corporations will separately communicate any adjustments to the settlement schedules. The change, which aligns NSE more closely with global practices in some markets, is aimed at operational streamlining and risk reduction—though market participants will need to update trading systems and adjust internal processes accordingly.

F&O expiry alert! Which way will the Nifty swing? Data, analysts say this
F&O expiry alert! Which way will the Nifty swing? Data, analysts say this

Business Standard

time29-05-2025

  • Business
  • Business Standard

F&O expiry alert! Which way will the Nifty swing? Data, analysts say this

The Nifty May futures & options (F&O) contracts are scheduled for the monthly expiry today, Thursday, May 29, 2025. In the run-up to the expiry day, the NSE Nifty 50 index has exhibited a fair amount of volatility as the index swung on either side of the 25,000-mark. At present levels of 24,752, the Nifty has declined 1.5 per cent from its May month high of 25,116 hit on May 15; but still quotes with a gain of 2 per cent, thus far, in the May series. The NSE benchmark had hit a low of 23,848 in the current series. NSE F&O data shows this Data from the NSE F&O segment shows that foreign institutional investors (FIIs) net sold index futures - a combination of all 5 listed index futures Nifty, Bank Nifty, Nifty Midcap, FinNifty and NiftyNext worth ₹9,770 crore - in spite for a 8-day buying streak earlier in the May series. Amid the recent volatility, and rollovers to the June series, FIIs open interest in index futures has increased by 24.6 per cent or 36,820 contracts in the last five trading sessions. F&O data shows that FIIs have increased short bets in index futures in recent days, as the long-short ratio from 0.84 on May 15 - the day Nifty hit the series high - has dropped to 0.4 levels. This ratio implies that FIIs now hold nearly 5 short positions in index futures for every 2 buy-side holdings. ALSO READ | These 5 pharma stocks can fall up to 12% as technical charts flag caution Among the other participants, domestic institutional investors (DIIs) and retail investors are seen holding bullish bets, with ratio at 1.17 and 1.61, respectively. Proprietary traders, however, hold a slightly bearish bias with long-short ratio standing at 0.86. Nifty options data The Nifty Put-Call-Ratio for the May expiry stands at 0.66 shows the NSE data. Highest open interest in Nifty Call stands at 26,000 Strike Price; while highest open interest in Nifty Put is seen at 24,000 Strike. Trading activity on Wednesday hints at a likely Call writing at 24,800 Strike, with sizeable build-up at 25,000 Call. On the other hand, notable open interest in Nifty Put is seen at 24,500 Strike, hinting at likely support. Here's what analysts expect on the Nifty expiry day Analysts fear that any bounce back from the present level, could turn out to be a bull trap and recommend adopting a 'sell-on-rise' trade for now. ALSO READ | 5 stocks to bet on as Nifty Smallcap reaches 200-DMA; check full list here On the futures contract front, FPIs are doubling down, aggressively ramping up their short exposure, showing no hint of stepping off the gas. Any minor bounce could end up as just another bull trap, triggering more selling waves and keeping the tone stuck in neutral-to-bearish gear, said Dhupesh Dhameja, Derivatives Research Analyst at SAMCO Securities in a note. Major support is parked at 24,700; a clean break under that could yank the floor out, sparking a sharper selloff. On the flip side, a sharp rally above 25,100 might force the bears to scramble for cover, possibly driving the index up to the psychological 25,300 zone and triggering some short-lived long plays, the note read. Technically, the Nifty on Wednesday formed a red candle on the daily chart, indicating weakness. However, it continues to trade above its 21-Day Exponential Moving Average (21-DEMA), which is positioned near 24,570. As long as the Nifty holds above this level, the probability of a pullback move cannot be ruled out. On the upside, the index is likely to face strong resistance near the 25,000–25,100 zone, said Hrishikesh Yedve, AVP Technical and Derivatives Research at Asit C. Mehta Investment Interrmediates in a note.

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