The minimum contract size for any equity derivative product has increased to Rs 5 lakh from Rs 2 lakh (As directed by SEBI).
Revised Index Futures Market Lot Size
The National Stock Exchange (nseindia.com) has increased the market lots of derivatives contracts on eight of its indices, while for S&P500 has remained unchanged.
| Underlying Index | Symbol | Present Market Lot | Revised Market lot |
| CNX Nifty | Nifty | 25 | 75 |
| CNX Bank Nifty | BankNifty | 25 | 30 |
| CNX IT | CNXIT | 25 | 45 |
| CNX INFRASTRUCTURE INDEX | CNXINFRA | 100 | 150 |
| CNX PSE INDEX | CNXPSE | 75 | 150 |
| NIFTY MIDCAP 50 | NFTYMCAP50 | 75 | 150 |
| DOW JONES INDUSTRIAL AVG | DJIA | 25 | 30 |
| FTSE 100 INDEX | FTSE100 | 50 | 75 |
So, during the month of September 2015, contracts available for trading for Nifty futures & Bank Nifty Futures will be
| Contracts Available | Nifty Futures (Lot Size) | Bank Nifty Futures (Lot Size) | |
| Sept 24th, 2015 | 25 | 25 | |
| In Month of Sept 2015 | Oct 29th, 2015 | 25 | 25 |
| Nov 27th, 2015 | 75 | 30 | |
| Oct 29th, 2015 | 25 | 25 | |
| In Month of Oct 2015 | Nov 27th, 2015 | 75 | 30 |
| Dec 31st, 2015 | 75 | 30 | |
| Nov 27th, 2015 | 75 | 30 | |
| In Month of Nov 2015 | Dec 31st, 2015 | 75 | 30 |
| Jan 28th, 2015 | 75 | 30 |
BankNifty traders need not to do too much alteration and refining of their trading plan for the recent changes from lot size of 25 units to 30 units but a lot needs to be done for the ones trading Nifty Futures for the major change of the lot size from 25 units to 75 units.
To understand the importance of developing and refining a trading plan for a trader, Please Visit Part IV – Getting Started With Trading – Importance of Developing a Trading Plan.
NSE has introduced trading in Bank Nifty Weekly Options. Read more to know How to Turn Bank Nifty Weekly Options into a Regular Income-Driving Machine?
Revised Stock Futures Market Lot Size
For derivative contracts of stocks, NSE has increased contract lot size on 151 stocks, reduced for 4 stocks and unchanged for 2 stocks. For the complete list, Download Annexure.
Major Drastic Changes in these Stock Futures will force the scalpers or traders stay out of these stocks and will surely reduce a lot of trading and yes safety of many small retail players. As traders have a general dilemma that the stocks going lower are valuable to buy and make money.
| Underlying | Symbol | Present Market Lot | Revised Market Lot |
| JAIPRAKASH ASSOCIATES LTD | JPASSOCIAT | 8000 | 48000 |
| ADANI POWER LTD | ADANIPOWER | 4000 | 20000 |
| GMR INFRASTRUCTURE LTD. | GMRINFRA | 13000 | 39000 |
| UNITECH LTD | UNITECH | 11000 | 77000 |
Major performing Stocks where lot size has been reduced drastically will help more traders participate in these performing companies.
| Underlying | Symbol | Present Market Lot | Revised Market Lot |
| BOSCH LIMITED | BOSCHLTD | 125 | 25 |
| EICHER MOTORS LTD | EICHERMOT | 125 | 25 |
| MRF LTD | MRF | 125 | 15 |
| PAGE INDUSTRIES LTD | PAGEIND | 125 | 50 |
All the revised market lots would be applicable only for November expiry contracts and would come into effect from August 28. Contracts with maturity of September 2015 and October 2015 would continue to have the existing market lots.
New traders to know about the mechanism of the futures market, Visit Part VI – Getting Started With Trading – How to Trade Futures Market?
For all the recent changes and developments in the trading world. Read handpicked NSE Circulars Or nseindia.com.
Download the recent NSE Circulars here:-
Revision of Market Lot of Derivative Contracts on Indices
Revision of Market Lot of NIFTY long term options contracts
Revision in Market Lot of Derivative Contracts on Individual Stocks
KNOWLEDGE IS POWER!
