NSE cuts Nifty, Nifty Financial Services F&O lot sizes to 25

 

After effecting changes in 54 individual derivative stocks, the National Stock Exchange (NSE) on Tuesday revised the lot sizes of indices too. The Nifty lot size has been cut to 25 from the current 50 while Nifty Financial Services has been reduced to 25 from 40 and Nifty Midcap Select to 50 from 75.

There is no revision in the market lot of Nifty monthly expiry of April contracts, said NSE. All contracts i.e. weekly, monthly, quarterly, and half-yearly expire that will be introduced on April 26 will be with the revised market lot size, the circular added.

The first weekly expiry contract with revised lot size will expire on May 2 and the first monthly expiry contract with revised lot size will expire on May 30, the circular further added.

India's National Stock Exchange (NSE) on Tuesday said it halved the lot size for trading derivatives contracts for the blue-chip Nifty 50 index to 25 and reduced the lot sizes for two other indexes as part of its periodic revision.

The move comes at a time when Indian benchmark indexes have been hitting fresh record highs and seeing increased investor interest in trading derivatives.

The exchange operator reduced the market lot for the Nifty financial services index to 25 from 40 and Nifty midcap select index to 50 from 75, and kept the lot size for trading Nifty bank index unchanged.