Market Lot Revision – Nifty Midcap50 Stocks

Revised Market Lots in FNO Segment of NSE From 31 Oct 2014

Market Lot revision in National Stock Exchange will be effective from 31 October 2014 in two index stocks namely Nifty and Nifty Midcap50.  A Total of 56 Individual stocks will also have revised market lots from this date.

Two Indices are effected namely Nifty and Nifty Midcap 50 due to the revision.

The Lot size of Nifty (CNX Nifty) will be revised from existing 50 to 25 and Midcap 50 will be revised from 150 to 75.

This reduction in indices is necessary due to increase in value of Futures contract in these.  SEBI Prescribed a minimum contract value of Rupees 2,00,000 for Indices and Individual stocks to be traded in derivatives Segment. At the present Nifty Value of around 8000 the value is double of the minimum value.  With these revised market lots, the value of these indices will be at the bottom end of 2,00,000 rupees. This move will increase the liquidity in the indices due to low margin requirements and further encourage retail investors to participate.

Out of 56 Individual stocks which are effected with market lots revision

48 Stocks are revised downwards for all expiry months.

1 Stock is revised upwards for all January 2015 and later expiries.

7 Individual Stocks are Revised Downwards but new lot size is not a multiple of old lot size and is applicable for January 2015 and later expiries.

List of Stocks with downward revision in lot sizes

Sr NoUnderlyingSymbolPresent Market LotRevised Market Lot
1ADANI ENTERPRISES LIMITEDADANIENT1000500
2ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITEDADANIPORTS20001000
3ALLAHABAD BANKALBK40002000
4AMBUJA CEMENTS LIMITEDAMBUJACEM20001000
5ARVIND LIMITEDARVIND20001000
6AUROBINDO PHARMA LIMITEDAUROPHARMA500250
7BANK OF BARODABANKBARODA500250
8BHARAT FORGE LIMITEDBHARATFORG1000250
9BHARTI AIRTEL LIMITEDBHARTIARTL1000500
10BHARAT HEAVY ELECTRICALS LIMITEDBHEL20001000
11CENTURY TEXTILES & INDUSTRIES LIMITEDCENTURYTEX1000500
12CIPLA LIMITEDCIPLA1000500
13COLGATE PALMOLIVE (INDIA) LIMITEDCOLPAL250125
14CROMPTON GREAVES LIMITEDCROMPGREAV20001000
15DABUR INDIA LIMITEDDABUR20001000
16DISH TV INDIA LIMITEDDISHTV80004000
17DIVI’S LABORATORIES LIMITEDDIVISLAB250125
18THE FEDERAL BANK LIMITEDFEDERALBNK40002000
19GAIL (INDIA) LIMITEDGAIL1000500
20HCL TECHNOLOGIES LIMITEDHCLTECH250125
21HDFC BANK LIMITEDHDFCBANK500250
22HOUSING DEVELOPMENT AND INFRASTRUCTURE LIMITEDHDIL80004000
23HINDUSTAN PETROLEUM CORPORATION LIMITEDHINDPETRO1000500
24INDRAPRASTHA GAS LIMITEDIGL1000500
25THE INDIA CEMENTS LIMITEDINDIACEM40002000
26INDIAN OVERSEAS BANKIOB80004000
27IRB INFRASTRUCTURE DEVELOPERS LIMITEDIRB40001000
28KOTAK MAHINDRA BANK LIMITEDKOTAKBANK500250
29MOTHERSON SUMI SYSTEMS LIMITEDMOTHERSUMI1000500
30OIL & NATURAL GAS CORPORATION LIMITEDONGC1000500
31ORIENTAL BANK OF COMMERCEORIENTBANK20001000
32POWER FINANCE CORPORATION LIMITEDPFC20001000
33PUNJAB NATIONAL BANKPNB500250
34RANBAXY LABORATORIES LIMITEDRANBAXY1000500
35RELIANCE CAPITAL LIMITEDRELCAPITAL1000500
36SIEMENS LIMITEDSIEMENS500250
37SHRIRAM TRANSPORT FINANCE COMPANY LIMITEDSRTRANSFIN500250
38SESA STERLITE LIMITEDSSLT20001000
39SUN PHARMACEUTICALS INDUSTRIES LIMITEDSUNPHARMA500250
40SYNDICATE BANKSYNDIBANK40002000
41TATA MOTORS LIMITEDTATAMOTORS1000500
42TATA MOTORS LIMITEDTATAMTRDVR20001000
43TATA STEEL LIMITEDTATASTEEL1000500
44TVS MOTOR COMPANY LIMITEDTVSMOTOR20001000
45UNION BANK OF INDIAUNIONBANK20001000
46UPL LIMITEDUPL20001000
47VOLTAS LIMITEDVOLTAS20001000
48YES BANK LIMITEDYESBANK1000500

List of Stocks Revised Upward but not in multiples of old lot sizes

Sr NoUnderlyingSymbolPresent Market LotRevised Market Lot
1ASHOK LEYLAND LIMITEDASHOKLEY110008000
2AXIS BANK LIMITEDAXISBANK1250500
3GMR INFRASTRUCTURE LIMITEDGMRINFRA100009000
4HAVELLS INDIA LIMITEDHAVELLS12501000
5IFCI LIMITEDIFCI90008000
6NHPC LIMITEDNHPC1200010000
7UNITECH LIMITEDUNITECH170009000

Market Lot Revision Upwards

Market Lot of United Breweries Limited (UBL) is revised upwards from current lot size of 250 to 500.

Out of 149 stocks traded on NSE FNO Segment, in remaining 83 stocks there is no change in lot sizes.

Source : Download Ref No of NSE –  NSE/FAOP/27731 Dated Date : September 30, 2014 & Circular Ref. No : 068/2014