Wednesday, August 16, 2023 5:13 pm
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:
If you have any further queries, you can ask them on our ** Community**.
