Changes in Options Expiry Date

Revision in Expiry Day of BANKNIFTY weekly F&O contracts

NSE has announced a revision in the expiry day of weekly F&O contracts on BANKNIFTY from Thursday to Wednesday.

The changes will come into effect from 4th September 2023. The expiry day for BANKNIFTY monthly F&O contracts will continue to be on Thursday.

Does this implies there will be change in the trading symbols for BANKNIFTY weekly contracts?

Hi @arjungarg54-ijz,

Only the weekly expiry will change, while the symbol and monthly/Quarterly expiry remain the same. Read the article for more information.

@shruthi_shetty
{Ex}:{Ex_UnderlyingSymbol}{YY}{M}{dd}{Strike}{Opt_Type}

Shall I replace the symbol NSE:BANKNIFTY2390743000PE to NSE:BANKNIFTY2390643000PE for 7 September?
Please share your expertise, will make the amendments for the upcoming week accordingly?

@naresh_janagam @communications_team

Hi @arjungarg54-ijz
Yes you have to make changes. Yes for upcoming weeks you also have changes
but please read that article this is for weekly expires not for monthly expires