Vodafone Idea market lot jumps to 1.4 lakh shares in F&O, Bank Nifty to 25

The National Stock Exchange has revised the market lot of Vodafone India to 1.4 lakh shares from the current 98,000 shares and Bank Nifty from the current 20 to 25 in the derivative segment. While 74 individual stocks saw an upward revision, for four stocks — Asian Paints, Berger Paints, Indraprastha Gas and Muthoot Finance — the market lot has been halved.

It may be recalled that Bank Nifty’s lot size was revised to 20 from 40 in October 2018, as the index moved up sharply, thanks to underlying stocks, especially HDFC and HDFC Bank.

“Only the far month contract, i.e. July 2020 expiry contracts, will be revised for market lots. Contracts with maturity of May 2020 and June 2020 would continue to have the existing market lots. All subsequent contracts (i.e. July 2020 expiry and beyond) will have revised market lots,” the NSE said in a statement.