Revision in BANKNIFTY Market Lot

According to a recent NSE circular, the Maximum Lots per Order for BANKNIFTY has been revised w.e.f. 28-Apr-23

Below is the list of Maximum Lots per Order applicable for the mentioned indices from the said date:

Sr. No Underlying Index Symbol Present Market Lot Revised Market Lot 
1NIFTY 50 NIFTY5050
2NIFTY BANKBANKNIFTY2515
3NIFTY FINANCIAL SERVICESFINNIFTY4040
4NIFTY MIDCAP SELECTMIDCPNIFTY7575

The same will be applicable as follow:

  • Only the contracts expiring in Jul-23 and beyond will be revised for market lots
  • Contracts maturing in Apr-23, May-23, and Jun-23 would continue to have the existing market lots
  • For more information, refer NSE Circular.

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