Announcements

As per the Exchange Circular, the lot size of Index Derivatives Contracts is revised effectively from 25-Apr-25. Please take note of the following: 

1. The revision of the market lot of the following indices: 

Table 1

1. The market has lots of derivative contracts on the following Indices, which are unchanged:

Table 2

1. There is no revision in the market lot of existing monthly expiries, expiring on 24-Apr-25; 29-May-25; and 26-Jun-25.
2. The first monthly expiry contract to have a revised market lot will be the July 2025 expiry, expiring on 31-Jul-25.
3. All quarterly contracts of BANKNIFTY available for trading from the trade date of 25-Apr-25 onwards will be with the revised market lot size.
4. All new contracts of BANKNIFTY generated from the end of the day of 24-Apr-25, and available for trading from 25-Apr-25, onwards will be with the revised market lot size.
5. Spread Orders will not be available in existing lot sizes for BANKNIFTY and MIDCPNIFTY contracts for the expiry of May-25 or beyond rollovers, i.e., May 25 – July 25 and June 25 – July 25 expiries.
6. No fresh position in the old lot will be allowed in the mentioned indices. You can only square off your existing derivative position in the mentioned indices.
7. (For Long Dated Option Positions) Clients having positions in BANKNIFTY and/or MIDCPNIFTY in odd lot quantities for the expiry beyond July-25 that cannot be transitioned into the new lot positions will be auto-squared off by the system on a best-effort and availability basis on 21-Apr-25.
8. No impact on stock derivative contracts and other indices contracts. 

For more details, refer to the NSE Circular.