NSE Revised F&O Expiry Day to Monday: How it Can Impact the Traders?

On March 4, 2025, NSE posted a circular that revealed that the expiry day of all F&O contracts (stock and index derivatives) would be changed from Thursday to Monday. This change will come into effect on April 4, 2025. In order to reduce operational complexities, streamline processes, and align with other exchange expiry, NSE has brought in this change. In this blog, we’ll understand in detail the key changes made in the expiry of F&O contracts and how it can impact your trading strategies.

Table of Content hide

1 Changes in Expiry Day of Different F&O Contracts

1.1 WHY SMC

2 Applicable Expiry Dates of Different F&O Contracts

3 Impact on Traders of Revised F&O Expiry Day

3.1 WHY SMC

Changes in Expiry Day of Different F&O Contracts

The change of the expiry day in F&O contracts applies to stocks monthly contracts, and index contracts – Nifty, Nifty Bank, Nifty MidCap Select, Nifty Financial Services, and Nifty Next 50.

Derivatives	Contract Type	Existing Expiry Day	New Expiry Day
Stocks	Monthly Contracts	Last Thursday of expiry month	Last Monday of expiry month
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
Bank Nifty	Monthly & Quarterly Contracts	Last Thursday of expiry month	Last Monday of expiry month
FinNifty, Nifty Midcap Select, and Nifty Next 50	Monthly Contracts	Last Thursday of expiry month	Last Monday of expiry month

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Applicable Expiry Dates of Different F&O Contracts

The change in Nifty F&O expiry day will take place on April 4, 2025. The expiry day of all the existing contacts will be revised on April 3, 2025.

If there is a trading holiday on the expiry day, say April 14 (Monday), then the expiry day will shift to the previous day, i.e., April 11 (Friday).

Derivatives	Contract Expiry	Existing Expiry Date	New Expiry Date
Stocks	Monthly	April 24, 2025	April 28, 2025
Nifty	Weekly	April 9, 2025	April 11, 2025
Nifty	Monthly	April 24, 2025	April 28, 2025
Nifty	Quarterly	June 26, 2025	June 30, 2025
Nifty	Half-Yearly	June 25, 2026	June 29, 2026
Bank Nifty	Monthly	April 24, 2025	April 28, 2025
Bank Nifty	Quarterly	June 26, 2025	June 30, 2025
FinNifty, Nifty Midcap Select, and Nifty Next 50	Monthly	April 24, 2025	April 28, 2025

Impact on Traders of Revised F&O Expiry Day

The change in the expiry day of NSE F&O contracts will lead to the adjustment of trader’s strategies. This will likely reduce the mid-week volatility and price speculation in the F&O contracts on the expiry day.

The traders might also look to square off their positions on Friday to avoid holding them over the weekend when the market is closed. Additionally, the geopolitical changes on the weekend will impact the underlying prices on market opening on Monday, leading to higher volatility and trading opportunities in F&O.

Conclusion

The change in the expiry day of NSE F&O contracts is big news for all the retail traders. This will lead to changes in trading activities, volatility, volumes, and liquidity of the F&O contracts. If you are looking to trade in stocks and F&O in this revamped environment, then open free Demat Account with SMC Global Securities and start your trading journey today.

Reference:
https://nsearchives.nseindia.com/content/circulars/FAOP66938.pdf

Author: All Content is verified by SMC Global Securities.