The National Stock Exchange (NSE) has announced revision in market lot sizes of derivative contracts on a few indices, effective April 25.
The lot size in derivatives is the minimum quantity of shares that an investor can buy or sell as per the terms of the contracts. Derivatives are financial instruments whose value is derived from an underlying asset or group of assets.
The NSE has revised the market lot size for Nifty Bank or BankNifty to 35 shares from the present 30 shares. A lot size of 35 for Nifty Bank means that an investor wanting to trade will have to do it in multiples of 35 only.
The revised market lot for Nifty Mid Select will be 120 shares, compared to the present market lot of 140, the NSE said in a circular.
The NSE said the market lots of derivative contracts on Nifty 50, Nifty Financial Services and Nifty Next 50 have been kept unchanged at 75, 65 and 25, respectively.
The stock exchange, however, said that for Nifty Bank and Nifty Midcap Select derivatives, there are no revisions in market lot of existing monthly expiries, expiring on April 24, 2025, May 29, 2025, and June 26, 2025.
For Nifty Bank, all quarterly contracts available for trading from trade date of April 25, 2025, onwards will be with the revised market lot size, the NSE said.
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