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NSE revises F&O lot sizes for 54 stocks
Business Standard
|March 30, 2024
The National Stock Exchange (NSE) has announced a revision in the lot size for derivative contracts for 54 stocks including State Bank of India, Adani Ports, Larsen & Toubro, Ambuja Cements, among others.
The lot sizes for the remaining 128 stocks have been kept unchanged.
The lot size refers to the fixed number of shares of a stock or an index for which futures and options (F&O) contracts are traded. For instance, if the lot size is 100, then contracts in that multiple can only be traded.
The lot sizes are fixed based on stock price, liquidity, and risk. The exchange has cut the lot size for the F&O contracts of 42 stocks to half of the current lot sizes.
This story is from the March 30, 2024 edition of Business Standard.
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