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October 18, 2024
Discontinuation of Weekly Derivatives Contracts
With reference to the to the SEBI Circular (SEBI/HO/MRD/TPD-1/P/CIR/2024/132) dated 01-Oct-24, please know that w.e.f. 20-Nov-24, each Exchange can provide derivatives contracts for only one of its benchmark indexes with weekly expiry.
This means that from the aforementioned date, weekly derivatives contracts will be available only on one benchmark index for each Exchange.
In light of this, please note the details of the indices that will be continued/discontinued.
|
Exchange |
Continued Index |
Indices with Last Weekly Expiry |
|
NSE |
NIFTY |
BANKNIFTY, MIDCPNIFTY, and FINNIFTY |
|
BSE |
SENSEX |
SENSEX 50 and BANKEX |
*The last weekly expiry for the discontinued indices is as follows:
|
S. No. |
Index Name |
Symbol |
Last Expiry Date/Last Trading Date |
|
1 |
Nifty Bank |
BANKNIFTY |
13-Nov-24 |
|
2 |
Nifty Midcap Select |
MIDCPNIFTY |
18-Nov-24 |
|
3 |
Nifty Financial Services |
FINNIFTY |
19-Nov-24 |
|
4 |
SENSEX 50 |
SENSEX 50 |
14-Nov-24 |
|
5 |
BANKEX |
BANKEX |
18-Nov-24 |
Please note that no new weekly index option contracts will be generated after the last expiry dates mentioned above.
For more details, refer to NSE Circular | BSE Circular.
