FinNifty Options To Be Settled On Tuesdays; No Weekly FinNifty Futures From October 15

The NSE has changed the settlement day for its FinNifty (Nifty Financial Services Index) monthly and weekly derivative contracts from Thursday to Tuesday. All existing weekly and monthly FinNifty futures and options contracts will expire on Tuesday of every week and if Tuesday is a trading holiday, the expiry day will be on the previous trading day, NSE said in a circular. The Nifty, Bank Nifty and stock futures and options will cont...