NSE, BSE announce changes to contract expiry days effective from next year

The National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) person revised the expiry schedules for respective derivatives contracts. The caller expiry days volition travel into effect from January 1, 2025, arsenic per circulars issued by the exchanges.

NSE's Updated Expiry Schedule

Here are the details of the revised days:

• Monthly contracts for FINNIFTY, MIDCPNIFTY, and NIFTYNXT50 volition present expire connected the past Thursday of the expiry month.
• BANKNIFTY's monthly and quarterly contracts volition besides expire connected the past Thursday of the expiry month, alternatively of the past Wednesday.

Previously, the expiry days for FINNIFTY, MIDCPNIFTY, and NIFTYNXT50 contracts were scattered crossed the week, with contracts expiring connected Tuesday, Monday, and Friday, respectively.

The circular clarified that determination would beryllium nary changes to the expiry days for NIFTY's monthly, weekly, quarterly, and half-yearly contracts.

BSE's Revised Expiry Framework

The BSE has besides changed its derivatives expiry calendar, here's the details:

• Weekly contracts for Sensex volition present expire connected Tuesday alternatively of Friday
• All monthly contracts for Sensex, Bankex, and Sensex 50 volition displacement to expiring connected the past Tuesday of the month, replacing the existent expiry days of the past Friday, past Monday, and past Thursday, respectively
• Quarterly and semi-annual contracts of Sensex volition present expire connected Tuesday of the expiry month, alternatively of the past Friday