NSE changes Nifty Bank F&O Expiry From Thursday to Friday 

Published : 06 June 2023

NSE Revised Nifty Bank F&O expiry day. Check the Details Here.

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The Change is Effective From:

With effect from July 7, 2023, the National Stock Exchange has moved the Bank Nifty Futures and Options expiry date from Thursday to Friday.On July 14, 2023, the first FRIDAY expiry will occur.

For Monthly Contacts:

The same is true for monthly contacts, which will now expire on the last Friday of each month rather than the last Thursday.

What if Friday is a Holiday?

If Friday falls on a trading holiday, expiry will take place on Thursday, the day before.

F&O and Nifty Expiry:

NSE will now have an F&O expiry on every day of the week barring Monday, with effect from the week starting July 9. There is the Nifty Financial expiry on Tuesday, Nifty Midcap Select on Wednesday, Nifty 50 on Thursday and now Bank Nifty on Friday.

Weekly Contracts:

Current Expiry Day

Revised Expiry  Day

Thursday of every week excluding the expiry week of monthly contract

All existing weekly contracts shall expire on Friday of every week. If Friday is holiday, then the expiry day is the previous trading day.

Changes in the expiry day of derivatives contract on BANKNIFTY:

Monthly & Quarterly Contracts

Current Expiry Day

Revised Expiry  Day

Last Thursday of the expiry month

All monthly contracts shall expire on last Friday of respective contract month. If Friday is trading holiday, then the expiry day is the previous trading day.

Changes in the expiry day of derivatives contract on BANKNIFTY: