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April 03, 2024
Revision in Market Lot of Derivative Contracts on Indices
As per a recent NSE Circular, the Revision in Market Lot of Derivative Contracts on Indices has been revised w.e.f 26-Apr-24.
The market lots of contracts on the following Indices shall be revised as follows:
| Sr. No | Underlying Index | Symbol | Present Market Lot | Revised Market lot |
| 1 | NIFTY 50 | NIFTY | 50 | 25 |
| 2 | NIFTY FINANCIAL SERVICES | FINNIFTY | 40 | 25 |
| 3 | NIFTY MIDCAP SELECT | MIDCPNIFTY | 75 | 50 |
However, please note that the market lots of derivative’s contracts on the following index is unchanged:
| Sr. No | Underlying Index | Symbol | Present Market Lot |
| 1 | NIFTY BANK | BANKNIFTY | 15 |
Note: For the purpose of the computation of contract value, the average closing price of the underlying index has been taken for one-month period of March 2024.
Refer: NSE Circular
