Note
Nifty Bank weekly contracts expire on Thursdays, while monthly and quarterly contracts expire on the last Thursday of the respective expiry month.
Here’s an overview of the weekly expiry calendar:
- Monday: Nifty MidCap Select
- Tuesday: Nifty Financial Services (FinNifty)
- Wednesday: Bank Nifty
- Thursday: Nifty50
- Friday: BSE Sensex, BSE Bankex
Know More: Stock market holidays 2024
Nifty 50 Index:
Options contracts are available in monthly and weekly formats, with a lot size of 50. Monthly contracts expire on the last Thursday of the expiry month, while weekly contracts expire every Thursday. If the last Thursday is a trading holiday, the expiry shifts to the previous trading day.
Nifty Bank Index:
These highly traded derivatives offer monthly and weekly contracts. Monthly options expire on the last Friday of the expiry month, and weekly options expire every Friday. Similar to Nifty 50, if the last Friday is a trading holiday, expiry occurs on the previous trading day. The lot size is 15.
Nifty Financial Services Index:
Options contracts expire on the last Tuesday of the expiry period, with a lot size of 40.
Nifty Midcap Select Index:
Expiry takes place on the last Wednesday of the expiry period. If the last Wednesday is a trading holiday, expiry occurs on the previous trading day. The lot size is 75.
BSE Sensex:
Monthly, quarterly options contracts expire on the last Friday of the contract, while weekly contracts expire every Friday. The lot size is 10.
BSE Bankex:
Derivative contracts, with a lot size of 15, also expire on the last Friday of the contract, both monthly and weekly.