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Revision in Expiry Day of BANKNIFTY weekly F&O contracts

NSE has announced a revision in the expiry day of weekly F&O contracts on BANKNIFTY from Thursday to Wednesday. 

The changes will come into effect from 4th September 2023. The expiry day for BANKNIFTY monthly F&O contracts will continue to be on Thursday.

 

For Example:

The expiry date of the existing contract maturing on 7th September 2023 (Thursday) will be preponed to 6th September 2023 (Wednesday).

 

Expiry Day Current Expiry Day Revised Expiry Day
Weekly Contracts Thursday of every week excluding the expiry week of monthly contract
  • All existing weekly contracts shall expire on Wednesday of every week
  • If Wednesday is a trading holiday, then the expiry day is the previous trading day
Monthly and Quarterly Contracts  Last Thursday of the expiry month 
  • No change in expiry day

 

For more details, read the following NSE circular:

NSE/FAOP/57540

If you have any further queries, you can ask them on our Community

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