NSE shifts F&O contract expiry from Thursday to Monday starting April 4

The National Stock Exchange (NSE) on Tuesday announced a revision in the expiry day of all index and stock derivatives contracts from Thursday to Monday, effective April 4, 2025.

According to a circular issued by the exchange, Nifty weekly contracts, which currently expire on Thursdays, will now expire on Mondays. The expiry of Nifty monthly, quarterly, and half-yearly contracts will shift from the last Thursday of the expiry month to the last Monday.

The revised expiry schedule will also apply to Bank Nifty monthly and quarterly contracts, as well as Fin Nifty, Midcap Nifty, and Nifty Next 50 monthly contracts. All stock derivatives with monthly expiry will move to Mondays.

The exchange said that all existing contracts will be updated with the new expiry day after trading ends on April 3, 2025. Any new contracts created thereafter will follow the revised schedule.

"The circular shall come into effect from April 04, 2025 i.e. Expiry day for all existing contracts will be revised to "New Expiry Day" on April 03, 2025 (EOD)," NSE said.

For Nifty weekly contracts, expiries scheduled for March 6, March 13, March 20, and April 3 will remain unchanged. However, the April 9 contract, initially set to expire on a Wednesday, will now expire on April 11 (Friday), as April 10 is a holiday. Similarly, the April 30 contract will now expire on May 5 (Monday) instead of May 1, which is also a holiday.

Among monthly contracts, the mid-month April expiry will move from April 24 (Thursday) to April 28 (Monday), while the far-month May expiry will shift from May 29 (Thursday) to May 26 (Monday). Quarterly contracts will also follow the revised pattern, with the June, September, and December expiries moving to the last Monday of the respective months.

The NSE clarified that there will be no other changes to the contract specifications and that details regarding the settlement schedule will be communicated separately by the clearing corporations.

Members have been advised to update their trading systems accordingly before the new schedule comes into effect, the circular added.