Nifty 50 Weekly Expiry Ends on Positive Note on January 16, 2025

India’s benchmark equity indices, NSE Nifty 50 and BSE Sensex closed Thursday’s trading session on a positive note. The NSE Nifty 50 gained 34.60 points (0.14%) to settle at 25,052.35, while the BSE Sensex rose 73.80 points (0.09%) to close at 81,785.56.

Sectoral Index on Nifty 50 Expiry Day

Broader market indices also ended the day in the green, led by gains in mid-cap and small-cap stocks on Nifty’s weekly expiry day. Among sectoral indices, PSU banks and metal stocks outperformed, driving the market higher. However, the FMCG and IT sectors faced selling pressure, ending the session in the red.

The Bank Nifty index posted significant gains, climbing 607.45 points (1.08%) to close at 49,278.70. In contrast, the Nifty Midcap 100 index declined by 584.80 points (1.08%), ending the day at 54,483.80.

Top Movers and Top Losers on Nifty 50 Expiry Day

Top Gainers on Nifty

As the broader market gained higher, key gainers included:

• HDFC Life Insurance share price closed at ₹641.7, up 7.99%, with a traded volume of 2,41,98,675 shares.
• BEL share price ended 3.60% to ₹277.5 with a volume of 1,72,34,302 shares.
• SBI Life Insurance share price closed at ₹1,515.35, rising 2.89%, with 29,29,496 shares traded.
• Shriram Finance share price jumped 2.58% to close at 546.95 with a total volume of 61,94,466
• Adani Ports and SEZ share price increased by 2.23% at ₹1,154.05, with 39,97,547 shares traded.

Top Losers on Nifty

On the losing side, the following stocks registered notable declines:

• Trent share price fell 2.51% to ₹6,230, with a volume of 14,77,566 shares.
• Dr Reddy’s Lab share price declined 2.26% to ₹1,307 with 11,95,731 shares traded.
• HCL Technologies share price ended at ₹1,790.15, down 1.95%, with a volume of 53,62,008 shares.
• Tata Consumers share price closed down by 1.84%, with a total of 20,19,985 shares traded.
• Infosys share price dropped 1.52% to ₹1,920.05, with a traded volume of 75,33,579 shares.

About Nifty 50’s Weekly Expiry?

Nifty weekly contracts expire every Thursday, with the expiry occurring on the previous trading day if Thursday happens to be a trading holiday. All contracts are settled at the usual market closing time on the expiry day or at a later time as decided by the exchange.

In cases where the last Thursday of the expiry period falls on a trading holiday, the expiry for individual securities will be shifted to the preceding trading day.

It is also important to note that in the MarketWatch, expiry dates for the final week’s contracts are not displayed, as they are considered monthly contracts. Instead, only the month name and the strike price are shown.

When is Bank Nifty Expiry?

India’s largest options contract, Nifty Bank, which has often been viewed by retail F&O traders as a high-risk, high-reward bet, had its last weekly expiry on November 13, 2024. This comes as the Securities and Exchange Board of India (Sebi) implements new regulations starting next week.

Currently, Nifty Bank’s monthly and quarterly contracts expire on the last Wednesday of the month, while the FinNifty contracts expire on Tuesdays. Additionally, Nifty Midcap Select contracts expire on Mondays, and Nifty Next50 contracts have their expiry on Fridays.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.