Lot Size - Bank Nifty

[sachinbal]

As per this circular Change in lot size of BANKNIFTY contracts from June 30th 2023. The lot size needs to change from 25 to 15. But even today on Kite, it still shows 25 as default. Is this correct?

[Meher_Smaran]

Hi @sachinbal

The change in lot size from 25 to 15 is applicable from the monthly expiry of July. Check the below post for more info on this

Bank Nifty F&O Contracts: Change in lot size to 15 from July 2023 expiry

The lot size of Bank Nifty F&O contracts will be revised to 15 from 25 per lot from July 2023 expiry in the following manner: Only the far-month contract i.e. July 2023 expiry contract will be revised for market lots. Contracts with the maturity of April 2023, May 2023, and June 2023 will continue to have the existing market lots. All contracts from July 2023 monthly expiry and beyond will have a market lot of 15. All weekly expiry contracts from August 2023 expiry will have a market lot o…

[sachinbal]

Thank you