Contract Specifications
INDEX FUTURES
PARAMETERS BSE SENSEX FUTURES BSE BANKEX FUTURES
UNDERLYING BSE SENSEX BSE BANKEX
ASSET CODE BSX BKX
LOT SIZE 20* 30*
TICK SIZE Rs. 0.05 Rs. 0.05
CONTRACT PERIOD 7 Serial Weekly,3 Serial monthly 3 Serial monthly
TRADING HOURS 09:15 AM to 03.30 PM 09:15 AM to 03.30 PM
LAST TRADING / EXPIRATION DAY Last Tuesday of each contract maturity month.
(Tuesday of the week for weekly contracts)
 Last Tuesday of each contract maturity month.
FINAL SETTLEMENT Cash Settlement based on the closing price of the underlying index on the day of expiry Cash Settlement based on the closing price of the underlying index on the day of expiry
     
INDEX OPTIONS
PARAMETERS BSE SENSEX OPTIONS BSE BANKEX OPTIONS
UNDERLYING BSE SENSEX BSE BANKEX
ASSET CODE BSX BKX
LOT SIZE 20* 30*
TICK SIZE Rs. 0.05 Rs. 0.05
CONTRACT PERIOD 7 Serial Weekly, 3 monthly, 3 quarterly and 8 Semi-annually contracts 3 monthly
PREMIUM QUOTATION In Rs. per index value In Rs. per index value
TRADING HOURS 09:15 AM to 03.30 PM 09:15 AM to 03.30 PM
EXERCISE TYPE European Style European Style
MINIMUM NUMBER OF STRIKES Shall have a minimum of 101 strikes (50 in-the-money,1 At-the-money, 50 out-of-the-money) Shall have a minimum of 81 strikes (40 in-the-money,1 At-the-money, 40 out-of-the-money)
STRIKE PRICE INTERVALS 100 Index Points 100 Index Points
LAST TRADING /EXPIRATION DAY Last Tuesday of each contract maturity month.
(Tuesday of the week for weekly contracts)		 Last Tuesday of each contract maturity month.
FINAL SETTLEMENT Cash Settlement based on the closing price of the underlying index on the day of expiry Cash Settlement based on the closing price of the underlying index on the day of expiry


* For more details please refer to Exchange notice no - 20241021-13, dated 21 Oct 2024

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Contract Specification for Index Futures contracts

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 1,2,3 Month and weekly
Tick Size

Rs 0.05
Trading Hours 9 .15 a.m to 3.30 p.m
Last Trading/Expiration Day For BSE SENSEX - Last Tuesday of each contract maturity month. (Tuesday of the week for weekly contracts)
For BSE BANKEX - Last Tuesday of each contract maturity month.
For BSE SENSEX50-Last Tuesday of each contract maturity month.

Note:
A. Business day is a day during which the underlying stock market is open for trading
B.If expiry day is a holiday, then the immediately preceding business day
Final Settlement Cash Settlement. On the last trading day, the closing value of the underlying index would be the final settlement price of the expiring futures contract.



Contract Specifications for Single Stock futures Contracts

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 3 Serial Monthly Contract
Tick Size Rs.0.05
Trading Hours 9 .15 a.m to 3.30 p.m
Last Trading/Expiration Day Second THURSDAY of each contract maturity month

Note:
A. Business day is a day during which the underlying stock market is open for trading.
B. If expiry day is a holiday, then the immediately preceding business day.
Final Settlement Delivery Settlement. On the last trading day, the closing value of the underlying stock is the final settlement price of the expiring futures contract



Contract Specification for Index Options contracts (Weekly, Monthly & Long Dated Options )

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 1,2 & 3 Months, Weekly, Long dated (only BSE SENSEX)
Exercise Style European
Tick Size Rs. 0.05
Settlement Style Cash
Premium quotation In index points
Strike Price Intervals Shall have a minimum of 3 strikes (1 in-the-money, 1 near-the-money, 1 out-of-the-money).
Last Trading/Expiration Day For BSE SENSEX - Last Tuesday of each contract maturity month. (Tuesday of the week for weekly contracts)
For BSE BANKEX - Last Tuesday of each contract maturity month.
For BSE SENSEX50-Last Tuesday of each contract maturity month.

Note:
A. Business day is a day during which the underlying stock market is open for trading
B.If expiry day is a holiday, then the immediately preceding business day
Trading Hours 9.15 a.m to 3.30 p.m



Contract Specification for Stock Options contracts

Security Symbol  
Underlying Click here for details
Contract Multiplier
Contract Period 3 Serial Monthly Contracts
Exercise Style European
Tick Size Rs. 0.05
Settlement Style Delivery Settled.
Premium quotation Rs per share
Strike Price Intervals Shall have Minimum of 15 strikes (7 in-the-money, 1 At-the-money, 7 out-of-the-money)
Last Trading/Expiration Day Second THURSDAY of each contract maturity month.

Note:
A. Business day is a day during which the underlying stock market is open for trading.
B.If expiry day is a holiday, then the immediately preceding business day.
Trading Hours 9.15 a.m to 3.30 p.m