After effecting changes in 54
individual derivative stocks, the National
Stock Exchange (NSE) on Tuesday revised the
lot sizes of indices too. The Nifty lot size has been cut to 25 from the current 50 while Nifty Financial
Services has been reduced to 25 from 40 and Nifty Midcap Select to 50 from 75.
There is no revision in the market lot of Nifty monthly
expiry of April contracts, said NSE. All contracts i.e. weekly, monthly,
quarterly, and half-yearly expire that will be introduced on April 26 will be
with the revised market lot size, the circular added.
The first weekly expiry contract with revised lot size will
expire on May 2 and the first monthly expiry contract with revised lot size
will expire on May 30, the circular further added.
India's National Stock Exchange (NSE) on
Tuesday said it halved the lot size for trading derivatives contracts for the
blue-chip Nifty 50 index to 25 and reduced the lot sizes for two other indexes
as part of its periodic revision.
The move comes at a time when Indian benchmark
indexes have been hitting fresh record highs and seeing increased investor
interest in trading derivatives.
The exchange operator reduced the market lot
for the Nifty financial services index to 25 from 40 and Nifty midcap
select index to 50 from 75, and kept the lot size for trading Nifty bank
index unchanged.
