NSE to discontinue weekly index derivatives for Bank Nifty, Nifty Midcap and Nifty Financial Services | Stock Market News
Source: Live Mint
The National Stock Exchange (NSE) will phase out weekly index derivatives contracts for Bank Nifty, Nifty Midcap Select, and Nifty Financial Services, effective November 13, 18, and 19, respectively, the exchange informed in a circular on October 10.
Following these changes, the NSE will offer only the Nifty 50 index for weekly derivatives contracts. This move aligns with SEBI’s recent directive, which mandates that from November 20, exchanges may offer weekly options expiries on only one index per exchange.
