Department : FUTURES & OPTIONS Download Ref No: NSE/FAOP/42266 Date : September 30, 2019 Circular Ref. No: 103/2019
All Members,
Revision in Market Lot of Derivative Contracts on Individual Stocks
In pursuance of SEBI guidelines for periodic revision of lot sizes for derivatives contracts specified in the SEBI circular CIR/MRD/DP/14/2015 dated July 13, 2015, the market lots of derivatives contracts shall be revised as follows:
Sr. Underlying whose Derivative Count of Annexure No Effective date contract size shall be Underlying Number
November 1, 2019 (for Nov 1 Revised Downwards 5 1 2019 & later expiries)
2 Revised Upwards 52 November 1, 2019 (for Jan 2 2020 & later expiries)
3 Unchanged 92 - 3
Revised Downwards but new 4 lot size is not a multiple of old 0 - - lot size
To avoid operational complexities, in case of Annexure 2 above, following will be applicable:
1. Only the far month contract i.e. Jan 2020 expiry contracts will be revised for market lots. Contracts with maturity of Nov 2019 and Dec 2019 would continue to have the existing market lots. All subsequent contracts (i.e. Jan 2020 expiry and beyond) will have revised market lots.
2. The day spread order book will not be available for the combination contract of Dec 2019 Jan 2020 expiry.
Continuation Sheet
For the purpose of the computation, the average of the closing price of the underlying has been taken for one month period of September 3rd September 30th 2019.
This circular shall come into effect from November 01, 2019.
Members are advised to load the updated contract.gz and spd_contract.gz file in the trading application before trading on November 01, 2019. This file can be obtained from the directory faoftp/faocommon on the Extranet server.
For and on behalf of National Stock Exchange of India Limited
Khushal Shah Associate Vice President
Toll Free No Fax No Email id 1800-266-0050 +91-22-26598449 [email protected]
Annexure-1 Present Market Revised Market Sr No Underlying Symbol Lot Lot 1 Adani Power Limited ADANIPOWER 20000 10000 2 Housing Development Finance Corporation Limited HDFC 500 250 3 InterGlobe Aviation Limited INDIGO 600 300 4 Marico Limited MARICO 2600 1300 5 NIIT Technologies Limited NIITTECH 750 375 Annexure-2 Present Market Revised Market Sr No Underlying Symbol Lot Lot 1 Amara Raja Batteries Limited AMARAJABAT 700 800 2 Ashok Leyland Limited ASHOKLEY 6000 8000 3 Bank of Baroda BANKBARODA 4500 5400 4 Bank of India BANKINDIA 6000 8000 5 Bharat Forge Limited BHARATFORG 1200 1300 6 Bharat Heavy Electricals Limited BHEL 7500 10400 7 Biocon Limited BIOCON 1800 2300 8 Bosch Limited BOSCHLTD 30 40 9 Cadila Healthcare Limited CADILAHC 1600 2200 10 Canara Bank CANBK 2000 2600 11 Castrol India Limited CASTROLIND 3400 4100 12 Cipla Limited CIPLA 1000 1150 13 Coal India Limited COALINDIA 2200 2700 14 Cummins India Limited CUMMINSIND 700 900 15 Dish TV India Limited DISHTV 14000 24300 16 DLF Limited DLF 2800 3300 17 Eicher Motors Limited EICHERMOT 25 30 18 Equitas Holdings Limited EQUITAS 4000 4900 19 Exide Industries Limited EXIDEIND 2400 2900 20 Glenmark Pharmaceuticals Limited GLENMARK 1000 1400 21 Indiabulls Housing Finance Limited IBULHSGFIN 800 1200 22 Indian Oil Corporation Limited IOC 3500 4000 23 Jindal Steel & Power Limited JINDALSTEL 3200 5000 24 JSW Steel Limited JSWSTEEL 2000 2300 25 L&T Finance Holdings Limited L&TFH 4500 5600 26 LIC Housing Finance Limited LICHSGFIN 1100 1300 27 Mahindra & Mahindra Financial Services Limited M&MFIN 1250 1600 28 Maruti Suzuki India Limited MARUTI 75 100 29 Max Financial Services Limited MFSL 1200 1300 30 MindTree Limited MINDTREE 600 800 31 Motherson Sumi Systems Limited MOTHERSUMI 3300 5000 32 National Aluminium Company Limited NATIONALUM 10000 11700 33 NBCC (India) Limited NBCC 8500 14300 34 NCC Limited NCC 8000 9000 35 Oil & Natural Gas Corporation Limited ONGC 3750 4100 36 Punjab National Bank PNB 7000 8300 37 RBL Bank Limited RBLBANK 1200 1500 38 Steel Authority of India Limited SAIL 12000 15700 39 Strides Pharma Science Limited STAR 1200 1400 40 Sun Pharmaceutical Industries Limited SUNPHARMA 1100 1250 41 Sun TV Network Limited SUNTV 1000 1200 42 Tata Elxsi Limited TATAELXSI 600 800 43 Tata Motors Limited TATAMOTORS 3000 4300 44 Tata Motors Limited TATAMTRDVR 6000 9200 45 Tata Steel Limited TATASTEEL 1061 1500 46 TVS Motor Company Limited TVSMOTOR 1100 1350 47 Ujjivan Financial Services Limited UJJIVAN 1600 1700 48 Union Bank of India UNIONBANK 7000 9200 49 Vedanta Limited VEDL 3000 3500 50 Vodafone Idea Limited IDEA 28000 98000 51 Yes Bank Limited YESBANK 2200 8800 52 Zee Entertainment Enterprises Limited ZEEL 1300 1700 Annexure-3 Present Market Sr No Underlying Symbol Lot 1 ACC Limited ACC 400 2 Adani Enterprises Limited ADANIENT 4000 3 Adani Ports and Special Economic Zone Limited ADANIPORTS 2500 4 Ambuja Cements Limited AMBUJACEM 2500 5 Apollo Hospitals Enterprise Limited APOLLOHOSP 500 6 Apollo Tyres Limited APOLLOTYRE 3000 7 Asian Paints Limited ASIANPAINT 600 8 Aurobindo Pharma Limited AUROPHARMA 1000 9 Axis Bank Limited AXISBANK 1200 10 Bajaj Auto Limited BAJAJ-AUTO 250 11 Bajaj Finance Limited BAJFINANCE 250 12 Bajaj Finserv Limited BAJAJFINSV 125 13 Balkrishna Industries Limited BALKRISIND 800 14 Bata India Limited BATAINDIA 550 15 Berger Paints (I) Limited BERGEPAINT 2200 16 Bharat Electronics Limited BEL 6000 17 Bharat Petroleum Corporation Limited BPCL 1800 18 Bharti Airtel Limited BHARTIARTL 1851 19 Bharti Infratel Limited INFRATEL 2000 20 Britannia Industries Limited BRITANNIA 200 21 Century Textiles & Industries Limited CENTURYTEX 600 22 CESC Limited CESC 800 23 Cholamandalam Investment and Finance Company Limited CHOLAFIN 2500 24 Colgate Palmolive (India) Limited COLPAL 700 25 Container Corporation of India Limited CONCOR 1563 26 Dabur India Limited DABUR 1250 27 Divi's Laboratories Limited DIVISLAB 400 28 Dr. Reddy's Laboratories Limited DRREDDY 250 29 Escorts Limited ESCORTS 1100 30 GAIL (India) Limited GAIL 5334 31 GMR Infrastructure Limited GMRINFRA 45000 32 Godrej Consumer Products Limited GODREJCP 800 33 Grasim Industries Limited GRASIM 750 34 Havells India Limited HAVELLS 1000 35 HCL Technologies Limited HCLTECH 700 36 HDFC Bank Limited HDFCBANK 500 37 Hero MotoCorp Limited HEROMOTOCO 200 38 Hexaware Technologies Limited HEXAWARE 1500 39 Hindalco Industries Limited HINDALCO 3500 40 Hindustan Petroleum Corporation Limited HINDPETRO 2100 41 Hindustan Unilever Limited HINDUNILVR 300 42 ICICI Bank Limited ICICIBANK 1375 43 ICICI Prudential Life Insurance Company Limited ICICIPRULI 1500 44 IDFC First Bank Limited IDFCFIRSTB 12000 45 Indraprastha Gas Limited IGL 2750 46 IndusInd Bank Limited INDUSINDBK 400 47 Infosys Limited INFY 1200 48 ITC Limited ITC 2400 49 Jubilant Foodworks Limited JUBLFOOD 500 50 Just Dial Limited JUSTDIAL 1400 51 Kotak Mahindra Bank Limited KOTAKBANK 400 52 Larsen & Toubro Limited LT 375 53 Lupin Limited LUPIN 700 54 Mahanagar Gas Limited MGL 600 55 Mahindra & Mahindra Limited M&M 1000 56 Manappuram Finance Limited MANAPPURAM 6000 57 MRF Limited MRF 10 58 Muthoot Finance Limited MUTHOOTFIN 1500 59 Nestle India Limited NESTLEIND 50 60 NMDC Limited NMDC 6000 61 NTPC Limited NTPC 4800 62 Oil India Limited OIL 3399 63 Page Industries Limited PAGEIND 25 64 Petronet LNG Limited PETRONET 3000 65 Pidilite Industries Limited PIDILITIND 500 66 Piramal Enterprises Limited PEL 302 67 Power Finance Corporation Limited PFC 6200 68 Power Grid Corporation of India Limited POWERGRID 4000 69 PVR Limited PVR 400 70 REC Limited RECLTD 6000 71 Reliance Industries Limited RELIANCE 500 72 SHREE CEMENT LIMITED SHREECEM 50 73 Shriram Transport Finance Company Limited SRTRANSFIN 600 74 Siemens Limited SIEMENS 550 75 SRF Limited SRF 250 76 State Bank of India SBIN 3000 77 Tata Chemicals Limited TATACHEM 900 78 Tata Consultancy Services Limited TCS 250 79 Tata Global Beverages Limited TATAGLOBAL 2700 80 Tata Power Company Limited TATAPOWER 9000 81 Tech Mahindra Limited TECHM 1200 82 The Federal Bank Limited FEDERALBNK 7000 83 The Ramco Cements Limited RAMCOCEM 800 84 Titan Company Limited TITAN 750 85 Torrent Pharmaceuticals Limited TORNTPHARM 500 86 Torrent Power Limited TORNTPOWER 3000 87 UltraTech Cement Limited ULTRACEMCO 200 88 United Breweries Limited UBL 700 89 United Spirits Limited MCDOWELL-N 1250 90 UPL Limited UPL 900 91 Voltas Limited VOLTAS 1000 92 Wipro Limited WIPRO 3200