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