Dear Traders,
The Bombay Stock Exchange (BSE) has announced a significant revision to the expiry day of index derivatives contracts, including SENSEX, BANKEX, and SENSEX50. This change will come into effect starting January 1, 2025.
The expiry day for index derivatives contracts will shift to Tuesday for all BSE index derivatives instead of the current practice of Friday for SENSEX, Monday for BANKEX, & Thursday for SENSEX50.
Implementation Timeline:
β’ Existing Contracts: The expiry dates of all current contracts will align with the new schedule starting January 3, 2025.
β’ New Contracts: Any contracts introduced on or after January 1, 2025, will follow the revised expiry day.
Illustrative Example:
For January 2025:
β’ Weekly Expiry: January 10 β January 7 (Tuesday)
β’ Monthly Expiry: January 31 β January 28 (Tuesday)
Here is the screenshot of circular for your reference-
Let us know your thoughts on this change and how it impacts your trading strategies! Share your feedback in the comments below.
Happy Trading,
Team Dhan