In a major change for traders and investors, the National Stock Exchange (NSE) has revised the expiry days for all weekly and monthly derivatives contracts, shifting them from Thursday to Monday. The changes will come into effect from April 4, 2025, with the last contracts under the old schedule expiring on April 3, 2025 (EOD).
Key Changes in Expiry Days:
- NIFTY Weekly Contracts – Now expire on Monday instead of Thursday.
- NIFTY Monthly, Quarterly, and Half-Yearly Contracts – Expiry moved from Thursday to Monday.
- BANKNIFTY Monthly & Quarterly Contracts – Expiry changed from Last Thursday to Last Monday of the month.
- FINNIFTY, MIDCPNIFTY, and NIFTYNXT50 Monthly Contracts – Expiry moved from Last Thursday to Last Monday of the month.
- Stock Derivatives (All Monthly Contracts) – Now expire on Monday instead of Thursday.
Implementation Timeline:
- The revised expiry schedule applies to all existing and new contracts from April 4, 2025.
- New expiry schedules for contracts will be updated in the NSE system on April 3, 2025 (EOD) to ensure a seamless transition.
- No other contract specifications have been changed.
This move is expected to impact trading strategies and liquidity dynamics, as Monday expiries could alter hedging and rollover patterns compared to the previous Thursday expiries. Market participants are advised to take note of these changes to plan their trades accordingly.
