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Under the brand new association, weekly Sensex contracts will expire on Tuesdays every week, versus the present Friday expiry.
The weekly contracts of Sensex will expiry on Tuesday of each week as a substitute of Fridays, the BSE stated
The Bombay Stock Exchange (BSE) introduced on Thursday that the expiry days for its Sensex, Bankex, and Sensex 50 derivatives contracts can be revised beginning January 1, 2025.
Under the brand new association, weekly Sensex contracts will expire on Tuesdays every week, versus the present Friday expiry.
Currently, month-to-month contracts for Sensex expire on the final Friday of every month, Bankex on the final Monday, and Sensex 50 on the final Thursday. However, from January 1, 2025, all month-to-month contracts for Sensex, Bankex, and Sensex 50 will expire on the final Tuesday of every month.
In addition, the expiry date for quarterly and semi-annual Sensex contracts can even shift from the final Friday of the month to the final Tuesday.
Importantly, there can be no change to the weekly derivatives contract for Sensex, which is able to proceed to run out on January 3, 2025.
The BSE clarified that these adjustments will solely have an effect on the expiry day, with no different changes to the contract specs.
