The National Stock Exchange (NSE) on Friday (December 20) announced the exclusion of futures and options (F&O) contracts for 16 securities. Effective February 28, 2025, no new expiry contracts will be introduced for these securities.
| Company | Value | Change | %Change |
|---|
The affected securities include Abbott India, Atul Ltd, Bata India, Can Fin Homes, Coromandel International, City Union Bank, Gujarat Narmada Valley Fertilizers & Chemicals, IndiaMART InterMESH, Ipca Laboratories, Dr Lal PathLabs, Metropolis Healthcare, Navin Fluorine International, PVR INOX, Sun TV Network, and United Breweries.
Last month, following the discontinuation of weekly contracts for Nifty Bank, FinNifty, Nifty Midcap Select, and Nifty Next50, the NSE revised the monthly expiry days of these four F&O contracts to Thursday, effective January 1, 2025.
Also Read: NSE is said to have doubled in value amid IPO hopes
Currently, Nifty Bank’s monthly and quarterly contracts expire on the last Wednesday of the month, while FinNifty’s expiry is on Tuesday. Nifty Midcap Select contracts expire on Mondays, and Nifty Next50 on Fridays.
“There is no change in expiry day for Nifty monthly, weekly, quarterly & half yearly contracts. The circular shall come into effect from EOD of January 01, 2025, i.e. Expiry day for all existing contracts will be revised to ‘New Expiry Day’ on January 01, 2025 (EOD),” NSE said in a circular.
The revised expiry date for all existing index derivative contracts will be reflected in the contract file generated on January 1, 2025, at the end of the day, and will be applicable for trading from January 2, 2025, NSE added.
Also Read: NSE settles TAP architecture case with ₹643 crore penalty to SEBI
(Edited by : Shoma Bhattacharjee)
