NATIONAL
STOCK EXCHANGE OF INDIA LIMITED
FUTURES AND OPTIONS SEGMENT
CIRCULAR
Circular No.: NSE/F&O/128/2008
Download No. NSE/FAOP/11720
Date: December 2, 2008
Dear Members,
Subject: Revision of Market
Exchange reviews on a periodic basis the contract
size/value of derivative contracts based on prescribed minimum value of INR
200,000 as per SEBI circular no. SEBI/DNPD/CIR-20/2004/02/23 dated February 23,
2004. It is proposed to carry out
revision of market lots for derivatives contract as given below:
|
Sr No |
Underlying whose Derivative
contract size /value is |
Revising methodology |
Effective date |
Annexure Number for list of
underlying |
|
1 |
Higher
than INR 400,000 |
Dividing
existing lot by 2 |
December 26,
2008 (for all
contracts) |
1 |
|
2 |
Lower than INR 200,000 |
Multiplying
existing lot by 2 and its multiples |
December 26,
2008 (for March 2009 & later expiries) |
2 |
To avoid operational complexities, in case 2
above, only the far month contract i.e. March 2009 expiry contracts will be
revised for market lots. Contracts with maturity of January 2009 and February
2009 would continue to have the existing market lots. All subsequent contracts
(i.e., March 2009 expiry and beyond) will have revised market lots.
For any clarifications, members are advised to contact the following officials:
Mr. Sachin Dhar and Mr. Janardhan Gujaran at 26598151 or 26598152
Yours faithfully,
For National Stock Exchange of India Ltd.
T
Vice President
Annexure-1
List of underlying in which
market lot is being revised downwards:
|
Sr No |
Underlying |
Symbol |
Present Market |
Revised market Lot |
|
1 |
Sterling Biotech Ltd |
STERLINBIO |
2500 |
1250 |
|
2 |
Lupin Ltd |
LUPIN |
700 |
350 |
Annexure-2
List of underlying in which
market lot is being revised upwards:
|
S.No. |
Underlying |
Symbol |
Present
Market Lot |
Revised
Market Lot |
|
1 |
3I Infotech Ltd. |
3IINFOTECH |
2700 |
10800 |
|
2 |
Aban
Offshore Ltd. |
ABAN |
50 |
400 |
|
3 |
ABB Ltd. |
ABB |
250 |
500 |
|
4 |
ABG Shipyard Ltd. |
ABGSHIP |
550 |
3300 |
|
5 |
Aditya
Birla Nuvo Ltd. |
ABIRLANUVO |
200 |
400 |
|
6 |
Associated Cement Co. Ltd. |
ACC |
188 |
752 |
|
7 |
Adlabs
Films Ltd. |
ADLABSFILM |
225 |
1800 |
|
8 |
Akruti City
Ltd. |
AKRUTI |
300 |
600 |
|
9 |
Allahabad Bank |
ALBK |
2450 |
4900 |
|
10 |
Alok
Industries Ltd. |
ALOKTEXT |
3350 |
20100 |
|
11 |
Ambuja
Cements Ltd. |
AMBUJACEM |
2062 |
4124 |
|
12 |
Amtek Auto
Ltd. |
AMTEKAUTO |
600 |
4800 |
|
13 |
Andhra Bank |
ANDHRABANK |
2300 |
4600 |
|
14 |
Ansal Prop
& Infra Ltd. |
ANSALINFRA |
1300 |
10400 |
|
15 |
Alstom
Projects India Ltd. |
APIL |
200 |
1200 |
|
16 |
Aptech Ltd. |
APTECHT |
650 |
3900 |
|
17 |
Arvind Ltd. |
ARVIND |
4300 |
17200 |
|
18 |
Ashok Leyland Ltd. |
ASHOKLEY |
4775 |
19100 |
|
19 |
Asian Paints Ltd. |
ASIANPAINT |
200 |
400 |
|
20 |
Aurobindo Pharma Ltd. |
AUROPHARMA |
700 |
2800 |
|
21 |
Axis Bank Ltd. |
AXISBANK |
225 |
900 |
|
22 |
Bajaj Auto Ltd. |
BAJAJ-AUTO |
200 |
800 |
|
23 |
Bajaj Hindustan Ltd. |
BAJAJHIND |
950 |
5700 |
|
24 |
Bajaj Holdings & Investment Limited |
BAJAJHLDNG |
250 |
1000 |
|
25 |
Balaji Telefilms Ltd. |
BALAJITELE |
1250 |
5000 |
|
26 |
Ballarpur Industries Ltd. |
BALLARPUR |
7300 |
14600 |
|
27 |
Balrampur Chini Mills Ltd. |
BALRAMCHIN |
2400 |
9600 |
|
28 |
Bank of Baroda |
BANKBARODA |
700 |
1400 |
|
29 |
Bank Nifty |
BANKNIFTY |
25 |
50 |
|
30 |
Bata India Ltd. |
BATAINDIA |
1050 |
4200 |
|
31 |
Bharat Electronics Ltd. |
BEL |
138 |
552 |
|
32 |
Bharat Earth Movers Ltd. |
BEML |
125 |
750 |
|
33 |
Bharat Forge Co Ltd. |
BHARATFORG |
1000 |
4000 |
|
34 |
Bharti Airtel Ltd. |
BHARTIARTL |
250 |
500 |
|
35 |
Bharat Heavy Electricals Ltd. |
BHEL |
75 |
300 |
|
36 |
Bhushan
Steel & Strips Ltd. |
BHUSANSTL |
250 |
1000 |
|
37 |
Oswal
Chem. & Fert. Ltd. |
BINDALAGRO |
4950 |
29700 |
|
38 |
Biocon Ltd. |
BIOCON |
900 |
3600 |
|
39 |
Birla Corporation Ltd. |
BIRLACORPN |
850 |
3400 |
|
40 |
Bombay Dyeing & Mfg. Co Ltd. |
BOMDYEING |
300 |
1800 |
|
41 |
Bongaigaon
Refinery Ltd. |
BONGAIREFN |
2250 |
9000 |
|
42 |
Bosch Limited |
BOSCHLTD |
50 |
100 |
|
43 |
Bharat Petroleum Corporation Ltd. |
BPCL |
550 |
1100 |
|
44 |
Bombay Rayon Fashions Ltd. |
BRFL |
1150 |
2300 |
|
45 |
Brigade Enterprises Ltd. |
BRIGADE |
550 |
5500 |
|
46 |
Cairn India Ltd. |
CAIRN |
1250 |
2500 |
|
47 |
Canara Bank |
CANBK |
800 |
1600 |
|
48 |
Central Bank of India |
CENTRALBK |
2000 |
8000 |
|
49 |
Century Textiles Ltd. |
CENTURYTEX |
212 |
1696 |
|
50 |
CESC Ltd. |
CESC |
550 |
1100 |
|
51 |
Chambal Fertilizers Ltd. |
CHAMBLFERT |
3450 |
6900 |
|
52 |
Chennai Petroleum Corporation Ltd. |
CHENNPETRO |
900 |
3600 |
|
53 |
CMC Ltd. |
CMC |
200 |
800 |
|
54 |
CNX 100 |
CNX100 |
50 |
100 |
|
55 |
CNX IT |
CNXIT |
50 |
100 |
|
56 |
Container Corporation Of India Ltd. |
CONCOR |
250 |
500 |
|
57 |
Core Projects And Technologies Ltd. |
COREPROTEC |
750 |
6000 |
|
58 |
Corporation Bank |
CORPBANK |
600 |
1200 |
|
59 |
Crompton Greaves Ltd. |
CROMPGREAV |
500 |
2000 |
|
60 |
Cummins India Ltd. |
CUMMINSIND |
475 |
1900 |
|
61 |
Develop Credit Bank Ltd. |
DCB |
1400 |
14000 |
|
62 |
Deccan Chronicle Holdings Ltd. |
DCHL |
1700 |
6800 |
|
63 |
Dena Bank |
DENABANK |
2625 |
10500 |
|
64 |
Dish TV India Ltd. |
DISHTV |
5150 |
20600 |
|
65 |
Divi's
Laboratories Ltd. |
DIVISLAB |
155 |
310 |
|
66 |
DLF Ltd. |
DLF |
400 |
1600 |
|
67 |
Dr. Reddy's Laboratories Ltd. |
DRREDDY |
400 |
800 |
|
68 |
Edelweiss Capital Ltd. |
EDELWEISS |
250 |
1000 |
|
69 |
Educomp
Solutions Ltd. |
EDUCOMP |
75 |
150 |
|
70 |
Everest Kanto Cylinder Ltd. |
EKC |
1000 |
2000 |
|
71 |
Escorts India Ltd. |
ESCORTS |
2400 |
9600 |
|
72 |
Essar Oil
Ltd. |
ESSAROIL |
1412 |
2824 |
|
73 |
Everonn
Systems India Ltd. |
EVERONN |
400 |
800 |
|
74 |
Federal Bank Ltd. |
FEDERALBNK |
851 |
1702 |
|
75 |
Financial Technologies (I) Ltd. |
FINANTECH |
150 |
600 |
|
76 |
Firstsource
Solutions Ltd. |
FSL |
4750 |
19000 |
|
77 |
Gateway Distriparks Ltd. |
GDL |
2500 |
5000 |
|
78 |
The Great Eastern Shipping Co. Ltd. |
GESHIP |
600 |
2400 |
|
79 |
Gitanjali Gems
Ltd. |
GITANJALI |
500 |
4000 |
|
80 |
GMR Infrastructure Ltd. |
GMRINFRA |
1250 |
5000 |
|
81 |
Gujarat Narmada Fertilizer Co. Ltd. |
GNFC |
1475 |
5900 |
|
82 |
Grasim Industries Ltd. |
GRASIM |
88 |
352 |
|
83 |
Gujarat State Petronet Ltd. |
GSPL |
3050 |
12200 |
|
84 |
GTL Ltd. |
GTL |
750 |
1500 |
|
85 |
GTL Infrastructure Ltd. |
GTLINFRA |
4850 |
9700 |
|
86 |
Great Offshore Ltd. |
GTOFFSHORE |
250 |
1000 |
|
87 |
Gujarat Alkalies & Chemicals Ltd. |
GUJALKALI |
1400 |
5600 |
|
88 |
GVK Power & Infrastructure Ltd. |
GVKPIL |
4750 |
19000 |
|
89 |
Havells
India Ltd. |
HAVELLS |
400 |
2400 |
|
90 |
Hindustan Construction Co. Ltd. |
HCC |
1400 |
8400 |
|
91 |
HCL Infosystems Ltd. |
HCL-INSYS |
1700 |
3400 |
|
92 |
HCL Technologies Ltd. |
HCLTECH |
650 |
2600 |
|
93 |
Housing Development Finance Corporation Ltd. |
HDFC |
75 |
150 |
|
94 |
HDFC Bank Ltd. |
HDFCBANK |
200 |
400 |
|
95 |
Housing Development and Infrastructure Ltd. |
HDIL |
516 |
3096 |
|
96 |
Hindalco
Industries Ltd. |
HINDALCO |
1759 |
7036 |
|
97 |
Hindustan Oil Exploration Ltd. |
HINDOILEXP |
1600 |
6400 |
|
98 |
Hindustan Zinc Ltd. |
HINDZINC |
250 |
1000 |
|
99 |
Hotel Leela Ventures Ltd. |
HOTELEELA |
3750 |
15000 |
|
100 |
IBN18 Broadcast Ltd. |
IBN18 |
1250 |
2500 |
|
101 |
Indiabulls Real
Estate Ltd. |
IBREALEST |
650 |
2600 |
|
102 |
ICICI Bank Ltd. |
ICICIBANK |
175 |
700 |
|
103 |
ICSA (India) Ltd. |
ICSA |
600 |
2400 |
|
104 |
Industrial Development Bank of India Ltd. |
IDBI |
1200 |
4800 |
|
105 |
Idea Cellular Ltd. |
IDEA |
2700 |
5400 |
|
106 |
Infrastructure Development Finance Company Ltd. |
IDFC |
1475 |
5900 |
|
107 |
IFCI Ltd. |
IFCI |
1970 |
15760 |
|
108 |
Indian Hotels Co. Ltd. |
INDHOTEL |
1899 |
7596 |
|
109 |
India Cements Ltd. |
INDIACEM |
725 |
2900 |
|
110 |
India Infoline Ltd. |
INDIAINFO |
1250 |
5000 |
|
111 |
Indian Bank |
INDIANB |
1100 |
2200 |
|
112 |
Indusind Bank
Ltd. |
INDUSINDBK |
1925 |
7700 |
|
113 |
Indian Overseas Bank |
IOB |
1475 |
5900 |
|
114 |
IRB Infrastructure Developers Ltd. |
IRB |
1100 |
4400 |
|
115 |
Ispat
Industries Ltd. |
ISPATIND |
4150 |
24900 |
|
116 |
ITC Ltd. |
ITC |
1125 |
2250 |
|
117 |
IVRCL Infrastructure & Projects Ltd. |
IVRCLINFRA |
500 |
2000 |
|
118 |
IVR Prime Urban Developers Ltd. |
IVRPRIME |
800 |
8000 |
|
119 |
The Jammu & Kashmir Bank Ltd. |
J&KBANK |
300 |
1200 |
|
120 |
Jet Airways (India) Ltd. |
JETAIRWAYS |
400 |
2400 |
|
121 |
Jindal Saw
Ltd. |
JINDALSAW |
250 |
1000 |
|
122 |
Jindal
Steel & Power Ltd. |
JINDALSTEL |
160 |
320 |
|
123 |
Jaiprakash
Associates Ltd. |
JPASSOCIAT |
750 |
4500 |
|
124 |
Jaiprakash
Hydro-Power Ltd. |
JPHYDRO |
3125 |
12500 |
|
125 |
JSL Ltd. |
JSL |
1000 |
8000 |
|
126 |
JSW Steel Ltd. |
JSWSTEEL |
275 |
1650 |
|
127 |
CNX NIFTY JUNIOR |
JUNIOR |
25 |
100 |
|
128 |
Kesoram
Industries Ltd. |
KESORAMIND |
500 |
2000 |
|
129 |
Kingfisher Airlines Ltd. |
KFA |
850 |
8500 |
|
130 |
Kotak
Mahindra Bank Ltd. |
KOTAKBANK |
275 |
1100 |
|
131 |
KSK Energy Ventures Limited |
KSK |
850 |
1700 |
|
132 |
K S Oils Ltd. |
KSOILS |
2950 |
5900 |
|
133 |
The Karnataka Bank Ltd. |
KTKBANK |
1250 |
5000 |
|
134 |
Lakshmi
Machines Ltd. |
LAXMIMACH |
100 |
400 |
|
135 |
LIC Housing Finance Ltd. |
LICHSGFIN |
850 |
1700 |
|
136 |
Lanco Infratech Ltd. |
LITL |
425 |
2550 |
|
137 |
Larsen & Toubro Ltd. |
LT |
100 |
400 |
|
138 |
Mahindra & Mahindra Ltd. |
M&M |
312 |
1248 |
|
139 |
Mahindra Lifespace Developers Ltd. |
MAHLIFE |
350 |
1400 |
|
140 |
Maharashtra Seamless Ltd. |
MAHSEAMLES |
600 |
2400 |
|
141 |
Maruti
Suzuki India Ltd. |
MARUTI |
200 |
800 |
|
142 |
Matrix Laboratories Ltd. |
MATRIXLABS |
1250 |
5000 |
|
143 |
United Spirits Ltd. |
MCDOWELL-N |
125 |
250 |
|
144 |
Mindtree Ltd. |
MINDTREE |
600 |
1200 |
|
145 |
Mercator Lines Ltd. |
MLL |
2450 |
9800 |
|
146 |
Monnet Ispat Ltd. |
MONNETISPA |
450 |
1800 |
|
147 |
Moser-Baer (I) Ltd. |
MOSERBAER |
825 |
4950 |
|
148 |
Mphasis Ltd. |
MPHASIS |
800 |
1600 |
|
149 |
MRF Ltd. |
MRF |
100 |
200 |
|
150 |
Mangalore Refinery and Petrochemicals Ltd. |
MRPL |
2225 |
8900 |
|
151 |
Mahanagar
Telephone Nigam Ltd. |
MTNL |
1600 |
3200 |
|
152 |
Nagarjuna Constrn. Co. Ltd. |
NAGARCONST |
1000 |
4000 |
|
153 |
Nagarjuna Fertiliser & Chemicals Ltd. |
NAGARFERT |
3500 |
21000 |
|
154 |
National Aluminium Co. Ltd. |
NATIONALUM |
575 |
2300 |
|
155 |
Nava Bharat Ventures Ltd. |
NBVENTURES |
800 |
3200 |
|
156 |
New Delhi Television Ltd. |
NDTV |
550 |
3300 |
|
157 |
Network 18 Fincap Ltd. |
NETWORK18 |
500 |
2000 |
|
158 |
Neyveli
Lignite Corporation Ltd. |
NEYVELILIG |
1475 |
5900 |
|
159 |
Nifty Midcap 50 |
NFTYMCAP50 |
75 |
300 |
|
160 |
NIIT Ltd. |
NIITLTD |
1450 |
8700 |
|
161 |
NIIT Technologies Ltd. |
NIITTECH |
1200 |
4800 |
|
162 |
Noida Toll
Bridge Company Ltd. |
NOIDATOLL |
4100 |
16400 |
|
163 |
Oracle Financial Services Software Limited. |
OFSS |
150 |
600 |
|
164 |
Oil & Natural Gas Corp. Ltd. |
ONGC |
225 |
450 |
|
165 |
Opto
Circuits (India) Ltd. |
OPTOCIRCUI |
1020 |
4080 |
|
166 |
Orbit Corporation Ltd. |
ORBITCORP |
750 |
6000 |
|
167 |
Orchid Chemicals Ltd. |
ORCHIDCHEM |
1050 |
4200 |
|
168 |
Oriental Bank of Commerce |
ORIENTBANK |
1200 |
2400 |
|
169 |
Pantaloon Retail (I) Ltd. |
PANTALOONR |
850 |
1700 |
|
170 |
Parsvnath
Developers Ltd. |
PARSVNATH |
700 |
7000 |
|
171 |
Patel Engineering Ltd. |
PATELENG |
250 |
2000 |
|
172 |
Patni
Computer Systems Ltd. |
PATNI |
650 |
2600 |
|
173 |
Peninsula Land Ltd. |
PENINLAND |
2750 |
16500 |
|
174 |
Petronet LNG
Ltd. |
PETRONET |
2200 |
8800 |
|
175 |
Power Finance Corporation Ltd. |
PFC |
1200 |
2400 |
|
176 |
Piramal
Healthcare Ltd. |
PIRHEALTH |
750 |
1500 |
|
177 |
Polaris Software Lab Ltd. |
POLARIS |
2800 |
5600 |
|
178 |
Power Grid Corporation of India Ltd. |
POWERGRID |
1925 |
3850 |
|
179 |
Praj
Industries Ltd. |
PRAJIND |
1100 |
4400 |
|
180 |
Prism Cement Ltd. |
PRISMCEM |
5550 |
22200 |
|
181 |
PTC India Ltd. |
PTC |
2350 |
4700 |
|
182 |
Punj
Lloyd Ltd. |
PUNJLLOYD |
750 |
1500 |
|
183 |
Puravankara
Projects Ltd. |
PURVA |
500 |
7000 |
|
184 |
Rajesh Exports Ltd. |
RAJESHEXPO |
1650 |
9900 |
|
185 |
Ranbaxy Laboratories Ltd. |
RANBAXY |
800 |
1600 |
|
186 |
Reliance Communications Ltd. |
RCOM |
350 |
1400 |
|
187 |
Rural Electrification Corporation Ltd |
RECLTD |
1950 |
3900 |
|
188 |
Reliance Capital Ltd. |
RELCAPITAL |
138 |
552 |
|
189 |
Reliance Industries Ltd. |
RELIANCE |
75 |
300 |
|
190 |
Reliance Infrastructure Ltd. |
RELINFRA |
138 |
552 |
|
191 |
Reliance Industrial Infrastructure Ltd. |
RIIL |
200 |
800 |
|
192 |
Reliance Natural Resource Ltd. |
RNRL |
1788 |
7152 |
|
193 |
Rolta
India Ltd. |
ROLTA |
900 |
1800 |
|
194 |
Reliance Petroleum Ltd. |
RPL |
1675 |
3350 |
|
195 |
Reliance Power Ltd. |
RPOWER |
500 |
2000 |
|
196 |
Steel Authority of India Ltd. |
SAIL |
1350 |
5400 |
|
197 |
Satyam Computer Services Ltd. |
SATYAMCOMP |
600 |
1200 |
|
198 |
State Bank of India |
SBIN |
132 |
264 |
|
199 |
Shipping Corporation of India Ltd. |
SCI |
1200 |
4800 |
|
200 |
Sesa Goa
Ltd. |
SESAGOA |
1500 |
3000 |
|
201 |
Siemens Ltd. |
SIEMENS |
376 |
1504 |
|
202 |
Sintex
Industries Ltd. |
SINTEX |
700 |
1400 |
|
203 |
S Kumars Nationwide Ltd. |
SKUMARSYNF |
1900 |
11400 |
|
204 |
Sobha
Developers Ltd. |
SOBHA |
350 |
2800 |
|
205 |
SREI Infrastructure Finance Ltd. |
SREINTFIN |
1750 |
7000 |
|
206 |
SRF Ltd. |
SRF |
1500 |
3000 |
|
207 |
Strides Arcolab Ltd. |
STAR |
850 |
3400 |
|
208 |
Sterlite
Industries (I) Ltd. |
STER |
219 |
876 |
|
209 |
Sterlite
Technologies Ltd. |
STRTECH |
1050 |
6300 |
|
210 |
Sun TV Network Ltd. |
SUNTV |
1000 |
2000 |
|
211 |
Suzlon
Energy Ltd. |
SUZLON |
1000 |
6000 |
|
212 |
Syndicate Bank |
SYNDIBANK |
1900 |
3800 |
|
213 |
Tata Chemicals Ltd. |
TATACHEM |
675 |
2700 |
|
214 |
Tata Communications Ltd |
TATACOMM |
525 |
1050 |
|
215 |
Tata Motors Ltd. |
TATAMOTORS |
425 |
1700 |
|
216 |
Tata Power Co. Ltd. |
TATAPOWER |
200 |
400 |
|
217 |
Tata Steel Ltd. |
TATASTEEL |
382 |
1528 |
|
218 |
Tata Tea Ltd. |
TATATEA |
275 |
550 |
|
219 |
Tata Consultancy Services Ltd. |
TCS |
250 |
500 |
|
220 |
Tech Mahindra Ltd. |
TECHM |
200 |
1200 |
|
221 |
Thermax Ltd. |
THERMAX |
450 |
1800 |
|
222 |
Titan Industries Ltd. |
TITAN |
206 |
412 |
|
223 |
Torrent Power Ltd. |
TORNTPOWER |
1700 |
3400 |
|
224 |
Triveni Engg. & Inds. Ltd. |
TRIVENI |
1925 |
7700 |
|
225 |
Tata Teleservices (M) Ltd. |
TTML |
5225 |
10450 |
|
226 |
Tulip IT Services Ltd. |
TULIP |
250 |
1000 |
|
227 |
Television Eighteen India Ltd. |
TV-18 |
850 |
3400 |
|
228 |
TVS Motor Company Ltd. |
TVSMOTOR |
2950 |
11800 |
|
229 |
UCO Bank |
UCOBANK |
5000 |
10000 |
|
230 |
Ultratech
Cement Ltd. |
ULTRACEMCO |
400 |
800 |
|
231 |
United Phosphorous Ltd. |
UNIPHOS |
1400 |
2800 |
|
232 |
Unitech Ltd.
|
UNITECH |
900 |
9000 |
|
233 |
UTV Software Communications Ltd. |
UTVSOF |
300 |
1200 |
|
234 |
Vijaya Bank |
VIJAYABANK |
3450 |
6900 |
|
235 |
Voltamp
Transformers Ltd. |
VOLTAMP |
250 |
1000 |
|
236 |
Voltas Ltd. |
VOLTAS |
900 |
5400 |
|
237 |
Walchandnagar
Industries Ltd. |
WALCHANNAG |
700 |
2800 |
|
238 |
Welspun
Gujarat Stahl Rohren Ltd. |
WELGUJ |
800 |
3200 |
|
239 |
Wipro Ltd. |
WIPRO |
600 |
1200 |
|
240 |
Wockhardt Ltd. |
WOCKPHARMA |
600 |
2400 |
|
241 |
Wire & Wireless (I) Ltd. |
WWIL |
3150 |
25200 |
|
242 |
Yes Bank Ltd. |
YESBANK |
1100 |
4400 |
|
243 |
Zee Entertainment Enterprises Ltd. |
ZEEL |
700 |
2800 |