By Vineet Kumar 
Revision in Expiry Day of Index Derivatives Contracts – Effective January 2025
The National Stock Exchange of India Limited (NSE) has announced a key update regarding the expiry days of Index Derivatives Contracts. As per NSE circular (Ref. No: 154/2024) dated November 29, 2024, changes have been made to the expiry schedule of certain index derivatives contracts, effective from January 1, 2025 (EOD).
Revised Expiry Days
Below are the details of the revised expiry schedule for specific index derivatives:
Key Highlights:
1. No Changes to NIFTY Contracts: The expiry schedule for NIFTY monthly, weekly, quarterly, and half-yearly contracts remains unchanged.
2. Effective Date: The revised expiry schedule will be applicable for all contracts starting from January 1, 2025 (EOD). The updated expiry dates will reflect in the contract file generated at EOD and will be available for trading from January 2, 2025.
3. New Contracts: Any new contracts introduced post the effective date will adhere to the revised expiry schedule.
4. Seamless Transition: To minimize operational complexities, NSE has provided detailed illustrations in the annexure of the circular.
What This Means for Traders
This update ensures a standardized expiry day for all index derivatives contracts, aligning with market dynamics and operational efficiency. Members are advised to review their trading strategies and operational processes accordingly.
For further details, visit the official NSE circular or refer to the annexure for illustrations. Stay updated with the latest stock market news and analysis on TradingThought.com, your trusted resource for NIFTY, BANKNIFTY, and more!