NSE reduces F&O lot size of Nifty50

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The National Stock Exchange of India has cut down the futures & options lot size by 50 percent for 40 stocks. The exchange also reduced the lot size of Nifty50 contracts. It has reduced the lot size for the Nifty50’s futures & options contracts to 50 from 75, while the lot size has been unchanged for Nifty Bank and Nifty Financial Services at 25 and 40 respectively. Contracts with a maturity of May 2021 and June 2021 would continue to have the existing market lots. All subsequent contracts – July 2021 expiry and beyond – will have revised market lots. All the changes will be effective from April 30, 2021. For the purpose of the computation, the exchange has taken the average closing price of underlying for one month period of March 1 to March 31, 2021. In the case of Nifty50, the contracts with August 2021 weekly expiry and beyond will have revised market lots, and the lot size of all existing Nifty long term options contracts, having expiry greater than 3 months, will be revised from 75 to 50 after the expiry of June 2021 contracts i.e. June 25, 2021.

Adani Enterprises, Apollo Hospitals Enterprise, Ashok Leyland, Bajaj Finance, BHEL, Cipla, Grasim Industries, Hindalco Industries, Jindal Steel & Power, Mahindra & Mahindra, Mindtree, SAIL, State Bank of India, Shree Cement, Tata Motors, Tata Power, Tech Mahindra, Titan Company, UltraTech Cement and Wipro, are the among 40 stocks that will see the revision in market lot size. In the case of Bajaj Finserv and Coforge, the market lot size has been reduced to 75 from 125 and to 200 from 375, respectively.

However, the market lot size has left unchanged for futures & options contracts of 114 stocks, including ACC, Amara Raja Batteries, Asian Paints, Aurobindo Pharma, Axis Bank, Bajaj Auto, Bandhan Bank, Bata India, Bharti Airtel, BPCL, Cadila Healthcare, Coal India, Dabur India, Divis Labs, DLF, Eicher Motors, GAIL India, Godrej Properties, HCL Technologies, HDFC, HDFC Bank, Hero MotoCorp, HUL, ICICI Bank, InterGlobe Aviation, IndusInd Bank, Infosys, IRCTC, ITC, L&T and Kotak Mahindra Bank.

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IE&M Team
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