The National Stock Exchange (NSE) on May 31, 2023, issued a circular regarding the Quantity Freeze Limits for Indices
The following has been stated namely: -
• This has a reference to circular no. NSE/FAOP/49118 dated July 31, 2021, on Quantity freeze limits on Indices. As per the policy mentioned in the circular, the quantity freeze limits for derivatives contracts on indices shall be applicable with effect from June 01, 2023
• The Quantity Freeze Limits for Indices has been stated as follows namely: -
(i) BANKNIFTY - 900
(ii) NIFTY - 1800
(iii) FINNIFTY - 1800
(iv) MIDCPNIFTY - 5500
• The Members are advised to take the updated contract.gz file available on the extranet path faoftp/faocommon before trading on June 01, 2023.
• The Details of quantity freeze in respect of each underlying shall be available on the website.
[Circular No. NSE/FAOP/56888]
