Mumbai, March 4 (IANS). The National Stock Exchange (NSE) has taken a big decision on the expiry of the Future and Option (F&O) contracts on Tuesday. Now the expiry of all NSE indexes including Nifty, Bank Nifty will be on the ‘last Monday of the month’.
The circular issued by the NSE said that the expiry of F&O contracts of Nifty, Bank Nifty, Finnifty, Nifty Midcap and NIT NEXT 50 will be expired on the last Monday of every month.
The NSE said that the decision would be effective from April 3, 2025.
Apart from this, the weekly expiry of Nifty from NSE has been shifted from Thursday to Monday. Also, the exchange has shifted the Nifty quarter and half -yearly contracts from Thursday to Monday.
At present, the expiry of F&O contracts of all indices of NSE takes place on Thursday.
Apart from this, the exchange has shifted the expiry of Nifty, Finnafti, Nifty Midcap Select and Nifty Next 50 monthly and quarterly contracts on Monday, which is currently on Thursday.
“No other changes have been made in the contracts of index and stock derivatives,” NSE said.
Also, the exchange said that the Settlement schedule will be reported separately by Clearing Corporation.
The Indian stock markets were closely closed. The main indices saw a slight decline. However, shopping in banking, metal and energy stocks was observed.
At the end of the trading, the Sensex was 72,989 with a weakness of 96 points or 0.13 per cent at 72,989 and the Nifty was down by 36 points or 0.17 per cent at 22,082.
Midcap and smallcap closed in green mark compared to largecap. The Nifty Midcap 100 index rose by 23.70 points to 48,007 and the Nifty Smallcap 100 index at 101 points or 0.69 percent to close at 14,762.
Banking stocks saw shopping in the business session. The Nifty Bank climbed 130 points or 0.27 percent to close at 48,245.
-IANS
ABS/
