Markets: A Rigorous Course

Facts that change

Core about 5 min
Fact Value As of Source
Nifty 50 lot size 65 5 Nov 2026 NSE F&O bhavcopy 5 Nov 2026 (NewBrdLotQty)
Bank Nifty lot size 30 5 Nov 2026 NSE F&O bhavcopy 5 Nov 2026
NSE equity-derivative expiry weekday Tuesday (previous trading day if holiday) from 1 Sep 2025 NSE circular NSE/FAOP/68589 (17 Jun 2025): https://nsearchives.nseindia.com/content/circulars/FAOP68589.pdf ; bhavcopy expiry dates
Weekly expiries Nifty only on NSE; Bank Nifty monthly/quarterly only 5 Nov 2026 NSE bhavcopy; SEBI circular 1 Oct 2024
Index option style and settlement European, cash-settled Nov 2026 NSE contract specification pages; SEBI circular 15 Oct 2026, para 4.9
Stock option style and settlement European (from 27 Jan 2011 expiries); physically settled (all stock derivatives by the Oct 2019 expiry) Nov 2026 SEBI circulars CIR/DNPD/6/2010 (27 Oct 2010) and SEBI/HO/MRD/DOPI/CIR/P/2018/161 (31 Dec 2018): https://www.sebi.gov.in/legal/circulars/dec-2018/physical-settlement-of-stock-derivatives_41482.html
STT on option sale 0.15% of premium (was 0.1%) from 1 Apr 2026 NSE circular NSE/FATAX/73524 (Finance Act, 2026)
STT on exercised options 0.15% of intrinsic value (was 0.125%) from 1 Apr 2026 NSE circular NSE/FATAX/73524 (Finance Act, 2026)
NSE option exchange transaction charge 0.03553% of premium from 1 Mar 2026 NSE circular NSE/FA/73061
Expiry-day extra ELM on short index options 2% from 20 Nov 2024 SEBI circular 1 Oct 2024
Expiry settlement window Last 30 min of continuous trading (index from constituents' VWAP; stocks on VWAP across exchanges), from 7 Dec 2026 circular 15 Oct 2026 https://www.sebi.gov.in/legal/circulars/oct-2026/review-of-certain-aspects-of-the-closing-auction-session-market-timings-and-settlement-methodology-for-derivatives-contracts_105293.html (para 4.9)
RBI repo rate (used as rr) 5.50% 7 Oct 2026 RBI, Resolution of the MPC, 7 Oct 2026: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63742
Nifty spot / Dec-26 future (examples) 24,536.60 / 24,719.10 close 5 Nov 2026 NSE F&O bhavcopy
Nifty Dec-26 24,500 C/P; 24,700 C/P settlement 587.65/370.90; 476.90/454.95 5 Nov 2026 NSE F&O bhavcopy
MCX Gold Dec future (example) ₹1,38,839 per 10 g 2 Nov 2026 News reports of 2 Nov 2026 (secondary; MCX bhavcopy not fetched)
Jane Street matter Interim order 3 Jul 2025; ₹4,843,57,70,168 in escrow (PR 40/2025); most directions ceased 21 Jul 2025 (PR 45/2025); SAT reserved its order on the document-disclosure plea 21 Oct 2026 (press); no final order reported 6 Nov 2026 SEBI interim order and press releases (fetched 6 Nov 2026); NewsBytes for the SAT step

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