The National Stock Exchange (NSE) has announced a significant change in the expiry schedule for Futures and Options (F&O) contracts. Effective April 4, 2025, the expiry day for various F&O contracts will move from the current Thursday to Monday. ​

Nifty Contracts: Weekly, monthly, quarterly, and half-yearly Nifty contracts will now expire on Mondays

Bank Nifty and Other Indices: Monthly and quarterly contracts for Bank Nifty, FinNifty, Midcap Nifty, and Nifty Next 50 will also shift to Monday expiries.

Stock Derivatives: All stock derivatives with monthly expiries will move to the last Monday of the respective month.​

Implementation Details:

Existing contracts will be updated to reflect the new expiry day after trading ends on April 3, 2025.

New contracts created post this date will adhere to the revised Monday expiry schedule.​

There will be no changes to other contract specifications.

Notable Adjustments:

For Nifty weekly contracts, expiries scheduled for March 6, March 13, March 20, and April 3, 2025, will remain unchanged.​

The April 9 contract, initially set to expire on a Wednesday, will now expire on April 11 (Friday), due to a holiday on April 10. Similarly, the April 30 contract will expire on May 5 (Monday) instead of May 1, which is also a holiday.​

Rationale Behind the Change:

This adjustment aims to enhance market efficiency and align with global best practices. By shifting the expiry day to Monday, the NSE seeks to provide market participants with a more balanced trading week and reduce volatility associated with mid-week expiries.​

Action Required for Market Participants:

Traders, brokers, and other stakeholders are advised to update their trading systems and strategies to accommodate this change. The NSE has issued a circular detailing the modifications and expects all members to comply by the effective date.