As per the circular dated May 24, 2024, the National Stock Exchange of India has announced a reduction in the tick size for both the Equity segment and Derivative segment. This change aims to enhance trading precision and efficiency across both segments.
Segment | Effective Date | Details |
---|---|---|
Equity | June 10, 2024 |
|
F&O | July 8, 2024 |
|
These changes are intended to improve market efficiency and trading accuracy. The reduction in tick size is expected to result in finer price increments, which can benefit traders by allowing more precise entry and exit points, potentially leading to better price discovery and reduced market impact costs.
For more details, kindly refer to the following circulars: