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 |
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Monthly and Quarterly Contracts | Last Thursday of the expiry month |
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For more details, read the following NSE circular:
If you have any further queries, you can ask them on our Community.