NSE shifts Bank Nifty expiry to Friday; BSE shares drop
Business Standard|June 07, 2023
The National Stock Exchange (NSE) will shift the expiry of Bank Nifty derivatives contracts from Thursday to Friday, after smaller rival BSE did so earlier.
KHUSHBOO TIWARI
NSE shifts Bank Nifty expiry to Friday; BSE shares drop

The change, effective July 7, will apply to both weekly and monthly futures and options (F&O) contracts of the widely traded banking sector index. The first Friday expiry will be on July 14, 2023.

NSE dominates the derivatives segment. However, BSE has started receiving traction after it relaunched its Sensex and Bankex derivatives contracts with reduced sizes and Friday expiry. Shares of BSE fell 1.7 per cent on Tuesday to close at ₹567.

This story is from the June 07, 2023 edition of Business Standard.

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This story is from the June 07, 2023 edition of Business Standard.

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