Foreign Institutional Investors (FIIs) net sold ₹3,406 crore in the cash market on March 4, continuing their cautious stance, while Domestic Institutional Investors (DIIs) provided strong support with a net purchase of ₹4,851 crore. The market remains watchful of FII movements, with several key factors potentially influencing their return: moderating valuations, crude oil at $70.5 per barrel, the US Dollar Index around 106, and the US 10-year yield at 4.15%.
NSE Revises Expiry Days for Derivatives Contracts to Monday from April 4, 2025
In a significant shift for traders and investors, the National Stock Exchange (NSE) has moved the expiry days for all weekly and monthly derivatives contracts from Thursday to Monday, effective April 4, 2025. This marks a major change in the derivatives trading ecosystem, impacting Nifty, Bank Nifty, Fin Nifty, Midcap Nifty, and stock derivatives.
Key changes include:
- Nifty weekly contracts will now expire on Monday instead of Thursday.
- Nifty monthly, quarterly, and half-yearly contracts will shift from Thursday to Monday.
- Bank Nifty monthly & quarterly contracts will expire on the last Monday of the month instead of the last Thursday.
- Stock derivatives (all monthly contracts) will also move from Thursday to Monday.
The transition will be implemented seamlessly, with the last expiry under the old schedule on April 3, 2025 (EOD). The changes are aimed at enhancing liquidity and aligning the Indian markets with global derivatives trading trends.
