The NSE has revised the monthly expiry day for Nifty Bank and three other Futures & Options (F&O) contracts.
Starting January 2024, the expiry will now fall on the last Thursday of each month instead of the last Friday. This change aligns with the existing weekly expiry schedule for F&O contracts and is expected to improve trading efficiency. The affected contracts include Nifty Bank, Nifty Financial Services, Nifty Midcap Select, and Nifty IT. Traders should note this adjustment while planning their strategies.