Hello Traders,
The National Stock Exchange (NSE) has cut the lot size of Nifty 50’s derivative contracts by half.
The NSE through a circular issued on April 2 said that Nifty 50’s contracts’ lot size has been cut from 50 to 25.
Lot sizes of Nifty Financial Services or FINNIFTY has been cut from 40 to 25, and that of Nifty Midcap Select or MIDCPNIFTY has been cut from 75 to 50.
All Nifty contracts i.e. weekly, monthly, quarterly, and half yearly expires available for trading from trade date of April 26, 2024, onwards will be with the revised market lot size. The circular said that there is no revision in market lot of monthly expiry of April 2024 expiring on April 25, 2024, expiry.
Thank you,
Shraddha
