The National Stock Exchange (NSE) on March 13, 2025, issued a circular regarding the revision in tick size of Index Futures in F&O Segment.
The following has been stated namely: -
• It states that the tick size of Index Futures in F&O Segment is having partial modification to Exchange circular NSE/FAOP/62175 dated May 24, 2024 and NSE/FAOP/67134 dated March 13, 2025 regarding the revision in tick size of Stock Futures in F&O Segment.
• It states that the tick size for Index Futures contracts will be revised from April 15, 2025, with the first revision based on the March 28, 2025, with changes based on index levels:
For index levels 0 to 15,000: Tick size remains 0.05 (unchanged).
For index levels >15,000 to 30,000: Revised tick size is 0.10 (from 0.05).
For index levels >30,000: Revised tick size is 0.20 (from 0.05).
• The revision will be reviewed monthly based on the closing index price at month-end.
[Circular No: NSE/FAOP/67135]
