DSIJ Mindshare

The Nifty 50 and Sectoral Index Derivatives lot size change will become effective on April 26, 2024 - details inside!

Starting April 26, 2024, all Nifty contracts, including weekly, monthly, quarterly, and half-yearly expiries, will have reduced market lot sizes for trading.

Prajwal Wakhare 0 1080 Article rating: 4.0

According to a circular released by the exchange, the market lot for the Nifty 50 derivative contract will be reduced by half, decreasing from 50 to 25. Similarly, the lot size for the Nifty Financial Services derivative contract will decrease from 40 to 25, while for the Nifty Midcap Select, it will decrease from 75 to 50.

This multibagger stock option zoomed 420 per cent in a day; the stock price hit fresh 52-week high!

If you had bought one lot of Tata Power’s call option strike price of Rs 440 at the day open at Rs 2.9 and held till now, you would have gained Rs 24,339.55 per lot in a day.

Prajwal Wakhare 0 7539 Article rating: 4.1

The shares of the company have delivered multibagger returns of over 103.3 per cent in a year and investors should keep a close eye on this stock.

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