# Revision in lot size of NIFTY, FINNIFTY and MIDCPNIFTY
**URL:** https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263
**Category:** Announcements
**Created:** [April 2, 2024, 1:23pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263 "2024-04-02T13:23:28Z")
**Posts on this page:** 17
**Page:** 1
### Author:  [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [April 2, 2024, 1:23pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/1 "2024-04-02T13:23:28Z")
NSE has announced the revision in the lot size of Nifty, FInnifty and Midcpnifty as a part of its periodic review. This circular shall come into effect from April 26, 2024
### Old and revised Lot sizes of the Index derivatives
| Underlying Index | Symbol | Present Market Lot | Revised Market lot | First monthly expiry with revised expiry date | First weekly expiry with revised lot size |
| --- | --- | --- | --- | --- | --- |
| | | | | | |
| Nifty 50 | NIFTY | 50 | 25 | May 2024 (contracts expiring on May 30, 2024) | May 2, 2024 |
| Nifty Financial Services | FINNIFTY | 40 | 25 | July 2024 (contracts expiring on July 30, 2024) | August 6, 2024 |
| Nifty Midcap Select | MIDCPNIFTY | 75 | 50 | July 2024 (contracts expiring on July 29, 2024) | August 5, 2024 |
### Bank Nifty’s lot size remains unchanged
| Underlying Index | Symbol | Present Market Lot |
| --- | --- | --- |
| | | |
| Nifty Bank | BANK NIFTY | 15 |
You can check the announcement from the exchange here:
[https://nsearchives.nseindia.com/content/circulars/FAOP61415.pdf](https://nsearchives.nseindia.com/content/circulars/FAOP61415.pdf)
### Why do exchanges revise the lot size?
SEBI mandates that the contract value of all F&O contracts remain between 5 to 10 Lakhs. In the periodic review (every 6 months), if the contract value of the scrip is beyond this range, there is an upward or downward revision in lot size.
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### Author:  [@Kishore443](https://tradingqna.com/u/Kishore443)
#### Post date: [April 2, 2024, 1:32pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/2 "2024-04-02T13:32:21Z")
What is the order limit for Nifty? Currently it is 1,800
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### Author:  [@viswaram](https://tradingqna.com/u/viswaram)
#### Post date: [April 2, 2024, 1:35pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/3 "2024-04-02T13:35:53Z")
additional work in reprogramming the algos guys…
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### Author:  [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [April 2, 2024, 1:36pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/4 "2024-04-02T13:36:49Z")
There is no change.
[https://nsearchives.nseindia.com/content/circulars/FAOP61372.pdf](https://nsearchives.nseindia.com/content/circulars/FAOP61372.pdf)
| Sr. No. | INDEX SYMBOL | QUANTITY FREEZE LIMIT |
| --- | --- | --- |
| 1 | BANKNIFTY | 900 |
| 2 | NIFTY | 1800 |
| 3 | FINNIFTY | 1800 |
| 4 | MIDCPNIFTY | 4200 |
---
### Author:  [@INSPUJESWARI](https://tradingqna.com/u/INSPUJESWARI)
#### Post date: [April 2, 2024, 2:26pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/5 "2024-04-02T14:26:34Z")
sir I know one day lot size will go to 1 lot = 1 quantity
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### Author:  [@Jayadratha](https://tradingqna.com/u/Jayadratha)
#### Post date: [April 2, 2024, 4:22pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/6 "2024-04-02T16:22:27Z")
Will the margin/lot for sellers remain unchanged?
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### Author:  [@Joe\_Chris](https://tradingqna.com/u/Joe_Chris)
#### Post date: [April 2, 2024, 6:08pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/7 "2024-04-02T18:08:27Z")
This could expose a lot of fake MTM screenshots
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### Author:  [@Rigsby](https://tradingqna.com/u/Rigsby)
#### Post date: [April 3, 2024, 5:50am UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/8 "2024-04-03T05:50:37Z")
What if one have the 2 NIFTY lots of May month contract will the lot size changes to 4? @Meher_Smaran
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### Author:  [@ShubhS9](https://tradingqna.com/u/ShubhS9)
#### Post date: [April 3, 2024, 12:36pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/9 "2024-04-03T12:36:48Z")
> [@Rigsby](#):
>
> What if one have the 2 NIFTY lots of May month contract will the lot size changes to 4? @Meher_Smaran
Yes. Once changes come into effect, 2 lots of 50 quantities each will change to 4 lots of 25 quantities each.
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### Author:  [@Razx5\_Perla](https://tradingqna.com/u/Razx5_Perla)
#### Post date: [April 3, 2024, 5:08pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/10 "2024-04-03T17:08:01Z")
Surely it will also get reduced. From 1.5lakh odd for 1 lot to 75k.
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### Author:  [@sanjay\_lavudya](https://tradingqna.com/u/sanjay_lavudya)
#### Post date: [April 15, 2024, 11:44am UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/11 "2024-04-15T11:44:56Z")
from 75 to 50 and now 25, nifty lot size reduced so much. is it an uncertainty or? reducing lot sizes also reduces the required capital for option selling, by this retailer can participate in option selling, which is good but, after witnessing Sensex, bankex and midcap options premium pluming. like rocket 🚀 in expiries it scares me more and with a daily expiry makes retailers tempt to do option selling every day, if they can’t manage it properly it erodes all their yearly profits in a snap. so please be careful option sellers please dont do option selling in sensex, bankex, midcap,niftyfin. [money control](https://www.moneycontrol.com/news/business/markets/abrupt-spikes-in-midcaps-put-options-on-expiry-wipe-out-traders-capital-12599991.html)
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### Author:  [@prk](https://tradingqna.com/u/prk)
#### Post date: [April 18, 2024, 5:05am UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/12 "2024-04-18T05:05:10Z")
What happens to the margin requirement? Are they reducing the required margin per lot since the new lot size is 25?
If it is 1.25L for 1 Lot of NIFTY (50 qty) would it be 62.5k for 1 lot of NIFTY (25 qty)? Not exact numbers, just estimates.
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### Author:  [@siva](https://tradingqna.com/u/siva)
#### Post date: [April 18, 2024, 5:36am UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/13 "2024-04-18T05:36:15Z")
> [@prk](#):
>
> If it is 1.25L for 1 Lot of NIFTY (50 qty) would it be 62.5k for 1 lot of NIFTY (25 qty)? Not exact numbers, just estimates.
Of course, margin requirements will also be reduced according to changes in lot sizes.
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### Author:  [@Sudhir\_S.P.Raikhar](https://tradingqna.com/u/Sudhir_S.P.Raikhar)
#### Post date: [April 23, 2024, 8:28am UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/15 "2024-04-23T08:28:52Z")
If we have May month Contract which has been bought now, do we need to exit the existing May month Contract prior 26th April and then buy new or it will be automatically get converted to 1 lot -2 lot or 2 to 4.? Please clarify.
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### Author:  [@siva](https://tradingqna.com/u/siva)
#### Post date: [April 23, 2024, 8:53am UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/16 "2024-04-23T08:53:21Z")
> [@Sudhir\_S.P.Raikhar](#):
>
> If we have May month Contract which has been bought now, do we need to exit the existing May month Contract prior 26th April and then buy new or it will be automatically get converted to 1 lot -2 lot or 2 to 4.? Please clarify.
It will be automatically converted.
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### Author:  [@Chithambaram1](https://tradingqna.com/u/Chithambaram1)
#### Post date: [April 25, 2024, 10:28am UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/17 "2024-04-25T10:28:04Z")
Why the required margin for a nifty lot is shown for 50 instead of 25?
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### Author:  [@siva](https://tradingqna.com/u/siva)
#### Post date: [April 25, 2024, 12:57pm UTC](https://tradingqna.com/t/revision-in-lot-size-of-nifty-finnifty-and-midcpnifty/163263/18 "2024-04-25T12:57:04Z")
> [@Chithambaram1](#):
>
> Why the required margin for a nifty lot is shown for 50 instead of 25?
Tomorrow the change happens.