Revision in expiry day for Bank Nifty with effect from 1st September (EOD)
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Revision in expiry day for Bank Nifty with effect from 1st September 2023 (EOD)

Fyers Web
Revision in Expiry Day!
22 August '2023
6:00 PM

As per the circular dated 12th July 2023, The National Stock Exchange of India has announced that the Bank Nifty (NIFTYBANK) expiry day will be revised from Thursday to Wednesday with effect from 1st September 2023 (End of the Day), and all the weekly options contracts with the revised expiry dates will be available for trading from 4th September 2023. Refer to the table below:

Contract Current Expiry & Maturity date Revised Expiry & Maturity date Remarks
Weekly 1 07-Sep-23 06-Sep-23 Revised
Weekly 2 14-Sep-23 13-Sep-23 Revised
Weekly 3 21-Sep-23 20-Sep-23 Revised
Monthly - Near Month 28-Sep-23 - No Change
Weekly 4 05-Oct-23 04-Oct-23 Revised
Monthly - Middle Month 26-Oct-23 - No Change
Monthly - Far Month 30-Nov-23 - No Change
Quarterly 1 28-Dec-23 - No Change
Quarterly 2 28-Mar-24 - No Change
Quarterly 3 27-Jun-24 - No Change

Points to remember:

  • At EOD of September 01, 2023, the expiry date and maturity date for all existing weekly options contracts will be revised/preponed to Wednesday.
  • The first Wednesday Expiry will be on 6th September 2023.
  • There will be no change in the expiry day for the Monthly and Quarterly options contracts.

For more details, refer to this circular.

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