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!

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New Derivative Lot Size of 8 Indices (Including BankNifty & Nifty) & 155 Stocks from November 2015 Contract

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