NSE cuts Nifty lot dimension to 25 from Friday

The revised spinoff market lot of Nifty 50 will take impact from Friday. Earlier this month, the Nationwide Inventory Change (NSE) introduced a revision in lot dimension from 50 to 25 for Nifty50. The bourse had additionally diminished the market lot of Nifty Monetary Providers to 25 from 50 and Nifty Midcap Choose to 50 from 75, however the adjustments will take impact from July expiries.

• Additionally learn: NSE cuts Nifty, Nifty Monetary Providers F&O lot sizes to 25

Nonetheless, the Nifty Financial institution lot dimension will stay at 15.

For Nifty 50, “all contracts i.e. weekly, month-to-month, quarterly and half yearly expires that might be launched on obtainable for buying and selling on April 26 might be with the revised market lot dimension,” the round had stated.

Apart from this, the NSE had additionally revised the market lot sizes of 54 particular person shares among the many 182 shares. Of the 54 shares, lot sizes of 42 shares resembling Abbott India, Adani Ports, Alkem Lab, Ambuja Cements, Aurobindo Pharma, BEL, Bharti Airtel, BHEL, Bosch, BPCL, Canara Financial institution, DLF, Exide Industries, HCL Applied sciences, HDFC Asset, Hero MotoCorp, Hindustan Copper, HPCL, Vodafone Concept, Indian Lodges, IOC, Jindal Metal, JK Cement, LIC Housing Finance, L&T, L&T Expertise, Lupin, Manappuram Finance, MCX, Mahanagar Fuel, NALCO, Nestle, NTPC, Oracle Fin Serv, ONGC, SAIL, SBI Life, SBI, Solar Pharma, Tata Shopper, Torrent Pharma and Trent have been halved from April 26.

The six shares that may see an upward revision are Atul, Bandhan Financial institution, Dalmia Bharat, Navin Fluorine, Polycab and Zee Leisure which is able to take impact for July expiries. The downward revision of Bajaj Auto, Godrej Properties, Grasim Industries, PFC, Tata Motors and Tata Energy will take impact from July expiries.