CALCULATE YOUR SIP RETURNS

Announcements

MarketCircularsDaily Updates
April 06, 2023
27.9K

 Revision in BANKNIFTY Market Lot

According to a recent NSE circular, the Maximum Lots per Order for BANKNIFTY has been revised w.e.f. 28-Apr-23

Below is the list of Maximum Lots per Order applicable for the mentioned indices from the said date:

Sr. No  Underlying  Index Symbol  Present Market Lot  Revised Market Lot 
1 NIFTY 50  NIFTY 50 50
2 NIFTY BANK BANKNIFTY 25 15
3 NIFTY FINANCIAL SERVICES FINNIFTY 40 40
4 NIFTY MIDCAP SELECT MIDCPNIFTY 75 75

The same will be applicable as follow:

  • Only the contracts expiring in Jul-23 and beyond will be revised for market lots
  • Contracts maturing in Apr-23, May-23, and Jun-23 would continue to have the existing market lots
  • For more information, refer NSE Circular.

    Open Free Demat Account!
    Join our 3.5 Cr+ happy customers