NSE Changes Nifty Expiry Day to Monday - Effective From April 5th, 2025
Important Update:
“ Please note that the implementation of the change in Nifty expiry day has been deferred until further notice. NSE released a circular on March 27, 2025 stating that the change in Nifty expiry day from Thursday to Monday, which was initially scheduled for April 5, 2025, has been put on hold.
The content below was written prior to this update and is no longer in effect. You can read the revised NSE circular to get the latest update.”
In its latest circular dated March 4, 2025, the National Stock Exchange (NSE) has formulated a change to the derivatives trading calendar. As per the changes, the expiry date of all Nifty futures and options (F&O) contracts will be moved from Thursday to Monday. The changes will be effective from April 5, 2025.
Both the weekly and monthly expiry contracts will be impacted by this major change. The table below highlights the revised expiry day for the following Index and stock derivatives contracts:
|
Derivatives |
Contracts |
Current Expiry Day |
Revised Expiry Day |
|
Index |
NIFTY weekly contracts |
Thursday of the expiry week |
Monday of the expiry week |
|
NIFTY monthly, quarterly and half yearly contracts |
Last Thursday of expiry month |
Last Monday of expiry month |
|
|
BANKNIFTY monthly & quarterly contracts |
|||
|
FINNIFTY, MIDCPNIFTY and NIFTYNXT50 monthly contracts |
|||
|
Stocks |
All Monthly contracts |
Please note that any new contract created for trading on/after April 5, 2025 shall be made as per the revised expiry day as mentioned in the table above.
Key Points:
- The restructuring poses a potential realignment of expiry days to improve market efficiency.
- The new Monday expiry will force a change in strategy for the majority of traders.
- Market Analysts have predicted that there will be some changes in trading activity, especially on Fridays before the expiry.
- Changes will come into force from April 5, 2025.
- This is a meaningful change for a trader and investor dealing in Indian derivatives.
Revised Contract Expiry Calender for Index Derivatives Contract (Effective from 5th April, 2025)
|
Index |
Contracts |
Current Date |
Revised Date |
Comments |
|
NIFTY |
Weekly Expiry |
06-Mar-25 (Thursday) |
- |
No Change |
|
13-Mar-25 |
- |
No Change |
||
|
20-Mar-25 (Thursday) |
- |
No Change |
||
|
03-Apr-25 (Thursday) |
03-Apr-25 (Thursday) |
No change |
||
|
09-Apr-25 (Wednesday) |
11-Apr-25 (Friday) |
- |
||
|
17-Apr-25 (Thursday) |
21-Apr-25 (Monday) |
- |
||
|
30-Apr-25 |
05-May-25 (Monday) |
- |
||
|
Near Month |
27-Mar-25 (Thursday) |
- |
No change |
|
|
Mid Month |
24-Apr-25 (Thursday) |
28-Apr-25 (Monday) |
- |
|
|
Far Month |
29-May-25 (Thursday) |
26-May-25 (Monday) |
- |
|
|
Quarterly |
26-Jun-25 (Thursday) |
30-Jun-25 (Monday) |
- |
|
|
25-Sep-25 (Thursday) |
29-Sep-25 (Monday) |
- |
||
|
24-Dec-25 (Wednesday) |
29-Dec-25 (Monday) |
- |
||
|
Half Yearly |
25-Jun-26 (Thursday) |
29-Jun-26 (Monday) |
- |
|
|
31-Dec-26 (Thursday) |
28-Dec-26 (Monday) |
- |
||
|
24-Jun-27 (Thursday) |
28-Jun-27 (Monday) |
- |
||
|
30-Dec-27 (Thursday) |
27-Dec-27 (Monday) |
- |
||
|
29-Jun-28 (Thursday) |
26-Jun-28 (Monday) |
- |
||
|
28-Dec-28 (Thursday) |
22-Dec-28 (Monday) |
- |
||
|
28-Jun-29 (Thursday) |
25-Jun-29 (Monday) |
- |
||
|
27-Dec-29 (Thursday) |
31-Dec-29 (Monday) |
- |
||
|
27-Jun-30 (Thursday) |
24-Jun-30 (Monday) |
- |
||
|
BANKNIFTY |
Near Month |
27-Mar-25 (Thursday) |
- |
No Change |
|
Mid Month |
24-Apr-25 (Thursday) |
28-Apr-25 (Monday) |
- |
|
|
Far Month |
29-May-25 (Thursday) |
26-May-25 (Monday) |
- |
|
|
Quarterly |
26-Jun-25 (Thursday) |
30-Jun-25 (Monday) |
- |
|
|
25-Sep-25 (Thursday) |
29-Sep-25 (Monday) |
- |
||
|
24-Dec-25 (Wednesday) |
29-Dec-25 (Monday) |
- |
||
|
FINNIFTY |
Near Month |
27-Mar-25 (Thursday) |
- |
No Change |
|
Mid Month |
24-Apr-25 (Thursday) |
28-Apr-25 (Monday) |
||
|
Far Month |
29-May-25 (Thursday) |
26-May-25 (Monday) |
||
|
MIDCPNIFTY |
Near Month |
27-Mar-25 (Thursday) |
- |
No Change |
|
Mid Month |
24-Apr-25 (Thursday) |
28-Apr-25 (Monday) |
||
|
Far Month |
29-May-25 (Thursday) |
26-May-25 (Monday) |
||
|
NIFTYNXT50 |
Near Month |
27-Mar-25 (Thursday) |
- |
No Change |
|
Mid Month |
24-Apr-25 (Thursday) |
28-Apr-25 (Monday) |
||
|
Far Month |
29-May-25 (Thursday) |
26-May-25 (Monday) |
Note: The above-given dates are as per the NSE circular and may be subject to changes on account of any holiday declared.
Revised Contract Expiry Calender for Stock Derivatives Contract (Effective from 5th April, 2025)
|
Stocks Derivatives Contract |
Current Date |
Revised Date |
Comments |
|
Monthly Expiry |
27-Mar-25 (Thursday) |
- |
No change |
|
24-Apr-25 (Thursday) |
28-Apr-25 (Monday) |
- |
|
|
29-May-25 (Thursday) |
26-May-25 (Monday) |
- |
|
|
26-Jun-25 (Thursday) |
30-Jun-25 (Monday) |
- |
Note: The above-given dates are as per the NSE circular and may be subject to changes on account of any holiday declared.
|
Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory. To read the RA disclaimer, please click here |