Revision in the BANKNIFTY F&O Expiry Day
As per an Exchange circular, the revised expiry day for BANKNIFTY Monthly and Quarterly Futures & Options (F&O) contracts will now be on Wednesday (previously the last Thursday) of every month.
- 🔹 If Wednesday is a trading holiday, the expiry will occur on the previous trading day
- 🔹 The weekly expiry for BANKNIFTY has already been set to Wednesday of every week
- 🔹 These changes will take effect from 1 March 2024
- 🔹 There will be no changes to the expiry dates of the January and February month contracts
Refer to the table for more information:
Contract | Current Expiry & Maturity date | Revised Expiry & Maturity date | Remarks |
Week 1 | 06-Mar-2024 | - | No Change |
Week 2 | 13-Mar-2024 | - | No Change |
Week 3 | 20-Mar-2024 | - | No Change |
Monthly - Near Month | 28-Mar-2024 | 27-Mar-2024 | Revised |
Week 4 | 03-Apr-2024 | - | No Change |
Monthly - Middle Month | 25-Apr-2024 | 24-Apr-2024 | Revised |
Monthly - Far Month | 30-May-2024 | 29-May-2024 | Revised |
Quarterly 1 | 27-June-2024 | 26-June-2024 | Revised |
Quarterly 2 | 26-Sep-2024 | 25-Sep-2024 | Revised |
Quarterly 3 | 26-Dec-2024 | 24-Dec-2024 | Revised |
You can also refer to the Exchange circular here: NSE/FAOP/60011