loader2
Login Open ICICI 3-in-1 Account
Text Size
Text to Speech
Color Contrast
Pause Animations

LATEST NSE & BSE LOT SIZE CHANGES FOR INDEX DERIVATIVES

lotsize

Both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) have announced revisions in the market lot sizes of derivative contracts for various indices and stocks. These changes, aligned with SEBI guidelines, aim to ensure contract values remain within an optimal range, facilitating efficient risk management for traders. 

             

Lot Size Revision

The following changes have been made to the market lots of index derivatives:

Sr. No. Index Market Lot Effe. from 2nd Jan, 2025  Market Lot Effe. from 30th June, 2025 Market Lot Effe. from 31st Dec, 2025
1 Nifty 50 75 75 65
2 Nifty Bank 30 35 30
3 Nifty Financial Services 65 65 60
4 Nifty Midcap Select 120 140 120
5 Nifty Next 50 25 25 25
6 BSE Sensex 20 20 20
7 BSE Bankex 30 30 30
8 BSE Sensex 50 60 70 70

 

For long-dated Nifty and Bank nifty:

Index Derivatives           Expiration Cycle Expiry Date Particulars
NIFTY Quarterly & Half Yearly      31-Mar-2026*      Lot size of all existing quarterly and half yearly expiry contracts will be revised from December 30, 2025 (EOD) i.e.,65  
BANK NIFTY Quarterly 31-Mar-2026* Lot size of all existing quarterly expiry contracts will be revised from December 30, 2025 (EOD) i.e.,30

* Please note, the March 2026 contract which was introduced as quarterly contract will become far month contract of the respective index derivatives on December 2025 monthly expiry day (EOD)

 

Impact on Traders

·       Hedging & Strategy Adjustments: Traders using spread orders must adapt to the unavailability of certain combinations.

·       Market Liquidity & Efficiency: Ensures better price discovery and risk management.

·       Retail vs Institutional Trading: Larger lot sizes may impact retail traders more significantly.

 

Official References and Circulars

For detailed information, traders and investors can refer to the official NSE circular:

NSE Circular: Revision in Market Lot of Derivative Contracts (Ref. No: NSE/FAOP/67372, Dated March 28, 2025)

BSE Circular: Revision in Market Lot of Derivatives Contracts on Individual stocks & Index (Ref. No: 20250401-8, Dated April 1, 2025.

 

Final Thoughts

With both NSE and BSE implementing these changes, traders must stay informed and realign their strategies accordingly. Ensuring a smooth transition by understanding the impact on open positions will be crucial for effective risk management. Whether you're a retail trader managing smaller positions or an institutional investor dealing with large volumes, being proactive about these changes can make all the difference in navigating the evolving market landscape.

Disclaimer