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As per the circular dated 10th January 2022, the National Stock Exchange of India has announced the launch of F&O contracts for the Nifty Midcap Select Index and will be live for trading w.e.f. 24th January 2022. The Index consists of 25 midcap stocks, Tata Power Co. Ltd., SRF Ltd., ZEEL, Voltas, & BEL being the major constituents (For the full list, refer here).
The Contract Specifications is as below:
| Particulars | Futures | Options |
| Symbol | MIDCPNIFTY | MIDCPNIFTY |
| Instrument | FUTIDX | OPTIDX |
| Tick Size | 0.05 | 0.05 |
| Lot Size | 75 Qty | 75 Qty |
| Expiry | Tuesday | Tuesday |
| Settlement | Cash Settled | Cash Settled |
| Strike Price Interval | - | 50 |
| Freeze Quantity | 5500 Qty | 5500 Qty |
For more details on the contract specifications, Click here.
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