NIFTY50 Lot size reduced to 50!

In its recent circular, the National Stock Exchange (NSE) has announced a revision in the market lot size of Derivative Contracts. As per this, the M…

In its recent circular, the National Stock Exchange (NSE) has announced a revision in the market lot size of Derivative Contracts. As per this, the Market Lot size for NIFTY50 (Symbol - NIFTY) has been reduced from 75 to 50.

However, there is no change in the lot size for derivative contracts on Nifty Bank (Symbol - BANKNIFTY) and Nifty Financial Services (Symbol - FINNIFTY). Their lot sizes remain as 25 and 40 respectively.

How will this help you?

The reduction in the lot size for NIFTY50 will make futures trading more affordable since it reduces the margin requirement substantially. Consider the Example below for a better understanding:

Example

 ExistingRevised
Market Lot Size7550
Assumed NIFTY50 Level14,50014,500
Lot Value (Rs)10,87,5007,25,000
15% - Margin Required (Rs)1,63,1251,08,750
  • This revision is applicable for Monthly Contracts from July-21 onwards and Weekly Contracts from August-21 onwards.
  • Contracts with monthly maturity of May-21 and June-21 will continue to have the existing market lot size of 75.
  • Weekly Contracts for the Month of May-21, June-21, July-21 will have the existing market lot size of 75.
  • Spread Trading will not be allowed for the combination contract of May 2021 - July 2021 and June 2021 - July 2021 expiries. (Spread trades refer to buying one security and selling another related security as a unit. This is a common activity for regular rollover trades in options and futures contracts. More on Spread Trading)

Refer Circular

Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of …

Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of these call us on 022-68071111 / 022-42185454 or write to us at support@angelbroking.com

Scrip NameSub TypeStart DateEnd DateFloor Price
SMARTLINKBuyback30-Apr-2114-May-21Rs 95
AARTIDRUGSBuyback27-Apr-2110-May-21Rs. 1000
MODERNDelisting26-Apr-2130-Apr-21Rs. 45.90
BHAGYAPROPDelisting23-Apr-2129-Apr-21Rs. 26
SIELFNS Takeover22-Apr-2105-May-21Rs. 2.25
TOWASOKTakeover19-Apr-2103-May-21Rs. 6
SOTLBuyback15-Apr-2129-Apr-21Rs. 1400
MODCLTakeover15-Apr-2129-Apr-21Rs. 11
NIITLTDBuyback12-Apr-2128-Apr-21Rs. 240
LLOYDSTEELTakeover12-Apr-2128-Apr-21Re. 1
PRATIKTakeover09-Apr-2127-Apr-21Re. 1
SINDUVATakeover08-Apr-21 26-Apr-21 Rs. 21.50
GUJAPOLLOBuyback 08-Apr-21 26-Apr-21 Rs. 222
SUPRAJITBuyback08-Apr-2126-Apr-21Rs. 320
CONSTRONIC Takeover06-Apr-2122-Apr-21Rs. 5.70
BHARATRASBuyback26-Mar-2112-Apr-21Rs. 11500
VEDLTakeover23-Mar-2107-Apr-21Rs. 235
Spoofers refer to traders who place bulk orders, and then intentionally cancel them before they are executed. This practice – Spoofing – is aimed at …

Spoofers refer to traders who place bulk orders, and then intentionally cancel them before they are executed. This practice – Spoofing – is aimed at creating an unreal demand or supply situation, so as to cause sharp price swings.

As per the Circular dated 26-Mar-21, Stock exchanges have put in place a new order-level surveillance mechanism to curb activities such as Spoofing.

Effective from 5-Apr-21, the new guidelines shall be applicable on the daily trading activity at both levels - customer & broker. These new measures will be based on the following parameters and the first surveillance action on such Persistent Noise Creators shall be on May 05, 2021

  1. High Order to Trade Ratio (OTR) in value terms (i.e. Value of all Orders Entered /Modified/Cancelled in a Security / Contract)
  2. High Number/Instances of Order Modifications, and
  3. High percentage of Order Modifications

A violation of the above three conditions will be considered as 1 instance, and based on the number of instances the below surveillance action will be taken.

Number of Instances
(on a Rolling 20 trading days basis)
Applicable Trading Disablement Time
Upto 99 instancesNIL
100 (99 + 1)first 15 minutes of the next trading day
101 (99 + 2)15 mins x 2 = 30 minutes
102 (99 + 3)15 mins x 3 = 45 minutes
103 (99 + 4)15 mins x 4 = 60 minutes
104 (99 + 5)15 mins x 5 = 75 minutes
105 (99 + 6)15 mins x 6 = 90 minutes
106 (99 + 7)15 mins x 7 = 105 minutes
107 (99 + 8) & Above15 mins x 8 = 120 minutes (maximum disablement)
The disablement shall be carried out on the next trading day

Refer Circular for details.

Settlement Holiday: 13-Apr

13-Apr-21 is a Settlement Holiday due to Gudi Padwa. Currency Segment will be closed on this day for trading. However, other segments are open for Tr…

13-Apr-21 is a Settlement Holiday due to Gudi Padwa. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

  • You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
SegmentTrade Placed onDate of Settlement
Equity12-Apr & 13-Apr16-Apr
Derivatives (F&O)12-Apr & 13-Apr15-Apr
  • Your credit balance for 13-Apr will not include the following:
SegmentAccount Balance exclusions
EquityIntraday Profits made on 9-Apr & 12-Apr
Derivatives (Equity F&O, Currency & Commodity)Credits made from trades done on 12-Apr

Note: 14-Apr is a Trading Holiday due to Dr. Baba Saheb Ambedkar Jayanti. The same has been taken into consideration to arrive at the Date of Settlement mentioned above.


Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.

Here’s a Quick List of Settlement Holidays.

Formerly known as Lodha Developers, Macrotech Developers was incorporated in 1995 and is the largest real estate developer in India. As on Dec 31 202…

Formerly known as Lodha Developers, Macrotech Developers was incorporated in 1995 and is the largest real estate developer in India. As on Dec 31 2020, the firm has successfully completed 91 projects comprising 77.22 million sq. ft. of developable area, with 59.13 million sq. ft. in the affordable housing segment.

Bid/Offer Opens OnWednesday, 07-Apr-21
Bid/Offer Closes OnFriday, 09-Apr-21
Price BandRs. 483 - Rs. 486 per equity share
Lot Size30 Shares

APPLY NOW

More on Macrotech Developers IPO | Know How to Apply | How to Check Allotment Status

The below table has important dates with respect to the IPO allotment and listing

Bid/Offer Opens On07-Apr-21
Bid/Offer Closes On09-Apr-21
Finalization of Basis of Allotment16-Apr-21
Initiation of Refunds19-Apr-21
Credit of Shares to Demat Acct20-Apr-21
IPO Shares Listing Date22-Apr-21
UPI mandate expiry date29-Apr-21
In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Chatting with a Bot has its own perks. No small talk and no chit chat. That’s why we’ve come up with shortcut keys to answer your queries quicker.…

Chatting with a Bot has its own perks. No small talk and no chit chat. That’s why we’ve come up with shortcut keys to answer your queries quicker.

Shortcut keys are those keys which have an abbreviation or are shortened words of a seemingly longer sentence. Let’s take a look at some shortcut keys that might save your day.

Full FormShortcut Key
Ledger Balancebal
Angel Advisoryadv
Angel Recommendationrecc
ARQ Primearq
Funds Pay-Inpayin, add, fund, funds
Funds Pay-Outpayout, withdraw
Chargeschgs , chges , chrgs
Order Rejectionrejection
Order-Related/Order Statusorder
Segment Activationseg
App Downloadapp, dwnld
Add Fundsfund, funds
IPOipo
Reports/Transactional Reportsrep
Offers & rewardsdeals, offer, rewards
Trade Buddylearn, TB, trade

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    Settlement Holiday: 01-Apr

    01-Apr-21 is a Settlement Holiday due to Annual Bank Closing. Currency Segment will be closed on this day for trading. However, other segments are op…

    01-Apr-21 is a Settlement Holiday due to Annual Bank Closing. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

    What this means for you:

    • You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
    SegmentTrade Placed onDate of Settlement
    Equity31-Mar & 01-Apr06-Apr
    Derivatives (F&O)31-Mar & 01-Apr05-Apr

    Note: 02-Apr is a Trading Holiday due to Good Friday. The same has been taken into consideration to arrive at the Date of Settlement mentioned above.

    • Your credit balance for 01-Apr will not include the following:
    SegmentAccount Balance exclusions
    EquityIntraday Profits made on
    30-Mar & 31-Mar
    Derivatives
    (Equity F&O, Currency & Commodity)
    Credits made from trades done on
    31-Mar

    Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.

    Here’s a Quick List of Settlement Holidays

    IPO Alert: Barbeque Nation

    Barbeque Nation is one of the leading casual dining restaurant chains in India. The company has a network of 138 restaurants in 73 cities, with Inter…

    Barbeque Nation is one of the leading casual dining restaurant chains in India. The company has a network of 138 restaurants in 73 cities, with International presence in 3 countries. It has recently diversifies into another brand, catering to people in Bengaluru and Chennai.

    Bid/Offer Opens OnWednesday, 24-Mar-21
    Bid/Offer Closes OnFriday, 26-Mar-21
    Price BandRs. 498 - Rs. 500 per equity share
    Lot Size30 Shares

    APPLY NOW

    More on Barbeque Nation IPO | Know How to Apply | How to Check Allotment Status

    The below table has important dates with respect to the IPO allotment and listing

    Bid/Offer Opens On24-Mar-21
    Bid/Offer Closes On26-Mar-21
    Finalization of Basis of Allotment01-Apr-21
    Initiation of Refunds05-Apr-21
    Credit of Shares to Demat Acct06-Apr-21
    IPO Shares Listing Date07-Apr-21
    UPI mandate expiry date12-Apr-21
    In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

    IPO Alert: Nazara Technologies

    Nazara Technologies is an India-based diversified gaming company with a presence in India and several other geographies. It has ownership in several …

    Nazara Technologies is an India-based diversified gaming company with a presence in India and several other geographies. It has ownership in several games such as World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in early learning apps, Nodwin and Sportkeeda in esports, and Halaplay and Qunami in fantasy and trivia games.

    Bid/Offer Opens OnWednesday, 17-Mar-21
    Bid/Offer Closes OnFriday, 19-Mar-21
    Price BandRs. 1100 - Rs. 1101 per equity share
    Lot Size13 Shares

    APPLY NOW

    More on Nazara Technologies | Know How to Apply


    The below table has important dates with respect to the IPO allotment and listing

    Bid/Offer Opens On17-Mar-21
    Bid/Offer Closes On19-Mar-21
    Finalization of Basis of Allotment24-Mar-21
    Initiation of Refunds25-Mar-21
    Credit of Shares to Demat Acct26-Mar-21
    IPO Shares Listing Date30-Mar-21
    UPI mandate expiry date05-Apr-21
    In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
    Suryoday Small Finance Bank is a new age bank that went live on 23-Jan-17. It was incorporated in 2008 as a NBFC mainly catering to the unbanked and …

    Suryoday Small Finance Bank is a new age bank that went live on 23-Jan-17. It was incorporated in 2008 as a NBFC mainly catering to the unbanked and underbanked sections of the population. As of 31-Jul-20, the bank had 482 branches and a customer base of 14.3 lakh in urban and semi-urban areas.

    Bid/Offer Opens OnWednesday, 17-Mar-21
    Bid/Offer Closes OnFriday, 19-Mar-21
    Price BandRs. 303 - Rs. 305 per equity share
    Lot Size49 Shares

    APPLY NOW

    More on Suryoday Small Finance Bank | Know How to Apply

    The below table has important dates with respect to the IPO allotment and listing

    Bid/Offer Opens On17-Mar-21
    Bid/Offer Closes On19-Mar-21
    Finalization Of Basis Of Allotment24-Mar-21
    Initiation Of Refunds24-Mar-21
    Credit Of Shares To Demat Acct25-Mar-21
    IPO Shares Listing Date30-Mar-21
    UPI Mandate Expiry Date05-Apr-21

    In case you have not been allotted or for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.