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 No Underlying Symbol Present Market Lot Revised Market Lot
1 ADANI ENTERPRISES LIMITED ADANIENT 1000 500
2 ADANI PORTS AND SPECIAL ECONOMIC ZONE LIMITED ADANIPORTS 2000 1000
3 ALLAHABAD BANK ALBK 4000 2000
4 AMBUJA CEMENTS LIMITED AMBUJACEM 2000 1000
5 ARVIND LIMITED ARVIND 2000 1000
6 AUROBINDO PHARMA LIMITED AUROPHARMA 500 250
7 BANK OF BARODA BANKBARODA 500 250
8 BHARAT FORGE LIMITED BHARATFORG 1000 250
9 BHARTI AIRTEL LIMITED BHARTIARTL 1000 500
10 BHARAT HEAVY ELECTRICALS LIMITED BHEL 2000 1000
11 CENTURY TEXTILES & INDUSTRIES LIMITED CENTURYTEX 1000 500
12 CIPLA LIMITED CIPLA 1000 500
13 COLGATE PALMOLIVE (INDIA) LIMITED COLPAL 250 125
14 CROMPTON GREAVES LIMITED CROMPGREAV 2000 1000
15 DABUR INDIA LIMITED DABUR 2000 1000
16 DISH TV INDIA LIMITED DISHTV 8000 4000
17 DIVI’S LABORATORIES LIMITED DIVISLAB 250 125
18 THE FEDERAL BANK LIMITED FEDERALBNK 4000 2000
19 GAIL (INDIA) LIMITED GAIL 1000 500
20 HCL TECHNOLOGIES LIMITED HCLTECH 250 125
21 HDFC BANK LIMITED HDFCBANK 500 250
22 HOUSING DEVELOPMENT AND INFRASTRUCTURE LIMITED HDIL 8000 4000
23 HINDUSTAN PETROLEUM CORPORATION LIMITED HINDPETRO 1000 500
24 INDRAPRASTHA GAS LIMITED IGL 1000 500
25 THE INDIA CEMENTS LIMITED INDIACEM 4000 2000
26 INDIAN OVERSEAS BANK IOB 8000 4000
27 IRB INFRASTRUCTURE DEVELOPERS LIMITED IRB 4000 1000
28 KOTAK MAHINDRA BANK LIMITED KOTAKBANK 500 250
29 MOTHERSON SUMI SYSTEMS LIMITED MOTHERSUMI 1000 500
30 OIL & NATURAL GAS CORPORATION LIMITED ONGC 1000 500
31 ORIENTAL BANK OF COMMERCE ORIENTBANK 2000 1000
32 POWER FINANCE CORPORATION LIMITED PFC 2000 1000
33 PUNJAB NATIONAL BANK PNB 500 250
34 RANBAXY LABORATORIES LIMITED RANBAXY 1000 500
35 RELIANCE CAPITAL LIMITED RELCAPITAL 1000 500
36 SIEMENS LIMITED SIEMENS 500 250
37 SHRIRAM TRANSPORT FINANCE COMPANY LIMITED SRTRANSFIN 500 250
38 SESA STERLITE LIMITED SSLT 2000 1000
39 SUN PHARMACEUTICALS INDUSTRIES LIMITED SUNPHARMA 500 250
40 SYNDICATE BANK SYNDIBANK 4000 2000
41 TATA MOTORS LIMITED TATAMOTORS 1000 500
42 TATA MOTORS LIMITED TATAMTRDVR 2000 1000
43 TATA STEEL LIMITED TATASTEEL 1000 500
44 TVS MOTOR COMPANY LIMITED TVSMOTOR 2000 1000
45 UNION BANK OF INDIA UNIONBANK 2000 1000
46 UPL LIMITED UPL 2000 1000
47 VOLTAS LIMITED VOLTAS 2000 1000
48 YES BANK LIMITED YESBANK 1000 500

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

Sr No Underlying Symbol Present Market Lot Revised Market Lot
1 ASHOK LEYLAND LIMITED ASHOKLEY 11000 8000
2 AXIS BANK LIMITED AXISBANK 1250 500
3 GMR INFRASTRUCTURE LIMITED GMRINFRA 10000 9000
4 HAVELLS INDIA LIMITED HAVELLS 1250 1000
5 IFCI LIMITED IFCI 9000 8000
6 NHPC LIMITED NHPC 12000 10000
7 UNITECH LIMITED UNITECH 17000 9000

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