Markets: A Rigorous Course

Facts that change

Core about 5 min
Fact Value As of Source
Nifty F&O lot size 65 5 Nov 2026 NSE F&O bhavcopy (NewBrdLotQty)
Minimum index-derivative contract value at launch ₹15 lakh (review band ₹15–20 lakh) Nov 2026 (from 20 Nov 2024) SEBI circular SEBI/HO/MRD/TPD-1/P/CIR/2024/132, 1 Oct 2024
STT, equity delivery 0.1% on buy and sell 6 Nov 2026 NSE circular NSE/FATAX/73524, 31 Mar 2026
STT, options (sell side, on premium) 0.15% from 1 Apr 2026 Finance Act, 2026; NSE circular NSE/FATAX/73524, 31 Mar 2026
SEBI F&O study: share of individuals losing money 87.7% (FY26) released 20 Aug 2026 SEBI PR No. 50/2026
SEBI F&O study: aggregate individual net loss ≈ ₹91,685 crore (FY26) released 20 Aug 2026 SEBI PR No. 50/2026
Risk-free rate used in examples 6.5% (assumption) — check 91-day T-bill yield on https://www.rbi.org.in

Create a free account

Reading is open to everyone. An account keeps your progress, answers, notes and code drafts, and gives you the study plan, the journals and the simulator. Running code needs an account approved for it.