NSE & BSE F&O Lot Sizes 2026: Index and Stock Contracts, Upcoming Revisions and Contract Values

Updated 1 November 2026

A lot is the fixed number of units in one futures or options contract. You can't trade half a lot, so the lot size sets the smallest position you can take, and with it how many rupees each point of movement is worth. Every table on this page is built from the exchange contract master, last updated 01 Nov 2026.

Index derivatives

INDEXEXCHANGELOT SIZE₹ PER POINT, 1 LOTEXPIRIES
NIFTYNSE65₹65Weekly + monthly
BANKNIFTYNSE30₹30Monthly only
FINNIFTYNSE60₹60Monthly only
MIDCPNIFTYNSE120₹120Monthly only
NIFTYNXT50NSE25₹25Monthly only
SENSEXBSE20₹20Weekly + monthly
BANKEXBSE30₹30Monthly only
SENSEX50BSE75₹75Monthly only

Only one index per exchange keeps weekly options: NIFTY on NSE and SENSEX on BSE. Everything else is monthly. The weekly expiry guide explains why, and the expiry calendar lists the dates.

Lot revisions already listed

35 stocks already have a later series listed with a different lot size. Until the current series expires, both lot sizes trade side by side: the old one in the near month and the new one from the series shown.

SYMBOLCURRENT LOTNEW LOTFROM SERIESCHANGE
AMBUJACEM12001350Jan 2027+13%
APOLLOHOSP12575Jan 2027-40%
BHEL26251250Jan 2027-52%
BLUESTARCO325350Jan 2027+8%
BOSCHLTD2515Jan 2027-40%
CHOLAFIN625300Jan 2027-52%
CROMPTON21502325Jan 2027+8%
DABUR12501375Jan 2027+10%
FORCEMOT2530Jan 2027+20%
GODREJCP500600Jan 2027+20%
HDFCBANK650750Jan 2027+15%
ICICIGI325350Jan 2027+8%
ICICILIFE9251100Jan 2027+19%
IDEA7147536125Jan 2027-49%
INFY400500Jan 2027+25%
IRFC54256450Jan 2027+19%
ITC17251975Jan 2027+14%
KPITTECH775975Jan 2027+26%
NTPC15001600Jan 2027+7%
NYKAA31251575Jan 2027-50%
PATANJALI10751450Jan 2027+35%
PAYTM725325Jan 2027-55%
PFC13001525Jan 2027+17%
PIIND175225Jan 2027+29%
POLYCAB12575Jan 2027-40%
RBLBANK31751275Jan 2027-60%
RECLTD15751675Jan 2027+6%
RVNL19252525Jan 2027+31%
SWIGGY18251925Jan 2027+5%
TATAELXSI125175Jan 2027+40%
TCS225250Jan 2027+11%
TMPV16001750Jan 2027+9%
VEDL11501975Jan 2027+72%
VOLTAS375475Jan 2027+27%
WAAREEENER175225Jan 2027+29%

How lot sizes are set

Lot sizes exist to keep each contract within a target value range. Under SEBI's October 2024 measures, index derivative contracts must be worth at least ₹15 lakh when they are introduced, and exchanges review lot sizes periodically against the underlying's price. Stock derivatives are reviewed the same way against each stock's price.

  • When the underlying rises a lot, the contract becomes too large and the lot size is cut.
  • When it falls, the contract becomes too small and the lot size can be raised.
  • The change applies from a series named in the exchange circular. Contracts already trading usually keep their old lot size until they expire, which is why two lot sizes can coexist.

From lots to rupees

contract value   = price × lot size
₹ per point      = lot size × number of lots
risk per lot     = |entry − invalidation| × lot size

NIFTY future at 25,000, lot 65:   contract value = ₹16,25,000;  ₹65 per index point
stock at ₹1,400, lot 500:          contract value = ₹7,00,000;   ₹500 per ₹1 move

The position size calculator does this for any instrument, and the expiry-day ELM calculator adds the extra margin on short index options on expiry day.

Margin isn't contract value

You don't pay the full contract value to hold a futures position or a short option. You post margin: SPAN margin (the worst likely one-day loss, computed by the exchange) plus exposure margin, plus anything extra your broker adds. Margin is usually a fraction of contract value and changes daily with volatility. Long options are different: you pay the full premium upfront. For a short-option position, margin can rise sharply on expiry day because of the additional Extreme Loss Margin.

Stock F&O is physically settled

Stock futures, and stock options that are in the money at expiry, settle by delivery. If you hold one lot of an in-the-money call to expiry, you receive the full lot's shares and must pay for them. Holding a short future to expiry means delivering the shares. Index derivatives are cash settled, so this only applies to stocks. Close or roll stock positions before expiry unless you intend to take or give delivery.

Stock F&O lot sizes: all 218 stocks

Every stock with NSE futures. Where a revision is already listed for a later series, the new lot and the month it starts are shown in brackets.

SYMBOLCOMPANYINDUSTRYLOT SIZE
360ONE360 ONE WAMFinancial Services500
ABBABB IndiaCapital Goods125
ABCAPITALAditya Birla CapitalFinancial Services1550
ADANIENSOLAdani Energy SolutionsPower675
ADANIENTAdani EnterprisesMetals & Mining309
ADANIGREENAdani Green EnergyPower600
ADANIPORTSAdani Ports and Special Economic ZoneServices475
ADANIPOWERAdani PowerPower3550
ALKEMAlkem LaboratoriesHealthcare125
AMBERAmber Enterprises IndiaConsumer Durables100
AMBUJACEMAmbuja CementsConstruction Materials1200 (1350 from Jan 2027)
ANANDRATHIAnand Rathi WealthFinancial Services250
ANGELONEAngel OneFinancial Services2500
APLAPOLLOAPL Apollo TubesCapital Goods350
APOLLOHOSPApollo Hospitals EnterpriseHealthcare125 (75 from Jan 2027)
ASHOKLEYAshok LeylandCapital Goods5000
ASIANPAINTAsian PaintsConsumer Durables250
ASTRALAstralCapital Goods425
ATHERENERGAther EnergyAutomobile and Auto Components375
AUBANKAU Small Finance BankFinancial Services500
AUROPHARMAAurobindo PharmaHealthcare550
AXISBANKAxis BankFinancial Services625
BAJAJ-AUTOBajaj AutoAutomobile and Auto Components75
BAJAJFINSVBajaj FinservFinancial Services300
BAJFINANCEBajaj FinanceFinancial Services750
BANDHANBNKBandhan BankFinancial Services3600
BANKBARODABank of BarodaFinancial Services2925
BANKINDIABank of IndiaFinancial Services5200
BDLBharat DynamicsCapital Goods425
BELBharat ElectronicsCapital Goods1425
BHARATFORGBharat ForgeAutomobile and Auto Components500
BHARTIARTLBharti AirtelTelecommunication475
BHELBharat Heavy ElectricalsCapital Goods2625 (1250 from Jan 2027)
BIOCONBioconHealthcare2500
BLUESTARCOBlue StarConsumer Durables325 (350 from Jan 2027)
BOSCHLTDBoschAutomobile and Auto Components25 (15 from Jan 2027)
BPCLBharat Petroleum CorporationOil Gas & Consumable Fuels1975
BRITANNIABritannia IndustriesFast Moving Consumer Goods125
BSEBSEFinancial Services200
CAMSComputer Age Management ServicesFinancial Services825
CANBKCanara BankFinancial Services6750
CDSLCentral Depository Services (India)Financial Services475
CGPOWERCG Power and Industrial SolutionsCapital Goods850
CHOLAFINCholamandalam Investment and Finance CompanyFinancial Services625 (300 from Jan 2027)
CIPLACiplaHealthcare425
COALINDIACoal IndiaOil Gas & Consumable Fuels1350
COCHINSHIPCochin ShipyardCapital Goods400
COFORGECoforgeInformation Technology475
COLPALColgate Palmolive (India)Fast Moving Consumer Goods275
CONCORContainer Corporation of IndiaServices1250
COROMANDELCoromandel InternationalChemicals300
CROMPTONCrompton Greaves Consumer ElectricalsConsumer Durables2150 (2325 from Jan 2027)
CUBCity Union BankFinancial Services2325
CUMMINSINDCummins IndiaCapital Goods100
DABURDabur IndiaFast Moving Consumer Goods1250 (1375 from Jan 2027)
DATAPATTNSData Patterns (India)Capital Goods125
DELHIVERYDelhiveryServices2075
DIVISLABDivi's LaboratoriesHealthcare100
DIXONDixon Technologies (India)Consumer Durables50
DLFDLFRealty950
DMARTAvenue SupermartsConsumer Services150
DRREDDYDr. Reddy's LaboratoriesHealthcare625
EICHERMOTEicher MotorsAutomobile and Auto Components100
ENRINSiemens Energy IndiaCapital Goods175
ETERNALEternalConsumer Services2425
FEDERALBNKFederal BankFinancial Services2500
FORCEMOTForce MotorsAutomobile and Auto Components25 (30 from Jan 2027)
FORTISFortis HealthcareHealthcare775
GAILGAIL (India)Oil Gas & Consumable Fuels3550
GLENMARKGlenmark PharmaceuticalsHealthcare375
GMRAIRPORTGMR AirportsServices6975
GODFRYPHLPGodfrey Phillips IndiaFast Moving Consumer Goods275
GODREJCPGodrej Consumer ProductsFast Moving Consumer Goods500 (600 from Jan 2027)
GODREJPROPGodrej PropertiesRealty325
GRASIMGrasim IndustriesConstruction Materials250
GVT&DGE Vernova T&D IndiaCapital Goods125
HALHindustan AeronauticsCapital Goods150
HAVELLSHavells IndiaConsumer Durables500
HCLTECHHCL TechnologiesInformation Technology400
HDFCAMCHDFC Asset Management CompanyFinancial Services300
HDFCBANKHDFC BankFinancial Services650 (750 from Jan 2027)
HDFCLIFEHDFC Life Insurance CompanyFinancial Services1100
HEROMOTOCOHero MotoCorpAutomobile and Auto Components150
HINDALCOHindalco IndustriesMetals & Mining700
HINDPETROHindustan Petroleum CorporationOil Gas & Consumable Fuels2025
HINDUNILVRHindustan UnileverFast Moving Consumer Goods300
HINDZINCHindustan ZincMetals & Mining1225
HYUNDAIHyundai Motor IndiaAutomobile and Auto Components275
ICICIBANKICICI BankFinancial Services700
ICICIGIICICI Lombard General Insurance CompanyFinancial Services325 (350 from Jan 2027)
ICICILIFEICICI Life InsuranceFinancial Services925 (1100 from Jan 2027)
IDEAVodafone IdeaTelecommunication71475 (36125 from Jan 2027)
IDFCFIRSTBIDFC First BankFinancial Services9275
IEXIndian Energy ExchangeFinancial Services4350
INDHOTELIndian Hotels Co.Consumer Services1000
INDIANBIndian BankFinancial Services1000
INDIGOInterGlobe AviationServices150
INDUSINDBKIndusInd BankFinancial Services700
INDUSTOWERIndus TowersTelecommunication1700
INFYInfosysInformation Technology400 (500 from Jan 2027)
INOXWINDInox WindCapital Goods6400
IOCIndian Oil CorporationOil Gas & Consumable Fuels4875
IREDAIndian Renewable Energy Development AgencyFinancial Services4525
IRFCIndian Railway Finance CorporationFinancial Services5425 (6450 from Jan 2027)
ITCITCFast Moving Consumer Goods1725 (1975 from Jan 2027)
JINDALSTELJindal SteelMetals & Mining625
JIOFINJio Financial ServicesFinancial Services2350
JSWENERGYJSW EnergyPower1075
JSWSTEELJSW SteelMetals & Mining675
JUBLFOODJubilant FoodworksConsumer Services1250
KALYANKJILKalyan Jewellers IndiaConsumer Durables1350
KARURVYSYAKarur Vysya BankFinancial Services1550
KAYNESKaynes Technology IndiaCapital Goods150
KEIKEI IndustriesCapital Goods175
KFINTECHKfin TechnologiesFinancial Services575
KOTAKBANKKotak Mahindra BankFinancial Services2000
KPITTECHKPIT TechnologiesInformation Technology775 (975 from Jan 2027)
LAURUSLABSLaurus LabsHealthcare425
LICHSGFINLIC Housing FinanceFinancial Services1000
LICILife Insurance Corporation of IndiaFinancial Services1400
LODHALodha DevelopersRealty625
LTLarsen & ToubroConstruction175
LTFL&T FinanceFinancial Services2250
LTMLTMInformation Technology150
LUPINLupinHealthcare425
M&MMahindra & MahindraAutomobile and Auto Components200
MAHABANKBank of MaharashtraFinancial Services6500
MANAPPURAMManappuram FinanceFinancial Services3000
MANKINDMankind PharmaHealthcare250
MARICOMaricoFast Moving Consumer Goods1200
MARUTIMaruti SuzukiAutomobile and Auto Components50
MAXHEALTHMax Healthcare InstituteHealthcare525
MAZDOCKMazagoan Dock ShipbuildersCapital Goods225
MCXMulti Commodity Exchange of IndiaFinancial Services225
MFSLMax Financial ServicesFinancial Services400
MOTHERSONSamvardhana Motherson InternationalAutomobile and Auto Components6150
MOTILALOFSMotilal Oswal Financial ServicesFinancial Services775
MPHASISMphasiSInformation Technology275
MUTHOOTFINMuthoot FinanceFinancial Services275
NAM-INDIANippon Life India Asset ManagementFinancial Services625
NATIONALUMNational Aluminium Co.Metals & Mining1875
NAUKRIInfo Edge (India)Consumer Services550
NAVINFLUORNavin Fluorine InternationalChemicals75
NBCCNBCC (India)Construction6500
NESTLEINDNestle IndiaFast Moving Consumer Goods500
NHPCNHPCPower6950
NMDCNMDCMetals & Mining6750
NTPCNTPCPower1500 (1600 from Jan 2027)
NYKAAFSN E-Commerce VenturesConsumer Services3125 (1575 from Jan 2027)
OBEROIRLTYOberoi RealtyRealty350
OFSSOracle Financial Services SoftwareInformation Technology50
OILOil IndiaOil Gas & Consumable Fuels1400
ONGCOil & Natural Gas CorporationOil Gas & Consumable Fuels2250
PAGEINDPage IndustriesTextiles20
PATANJALIPatanjali FoodsFast Moving Consumer Goods1075 (1450 from Jan 2027)
PAYTMOne 97 CommunicationsFinancial Services725 (325 from Jan 2027)
PERSISTENTPersistent SystemsInformation Technology125
PETRONETPetronet LNGOil Gas & Consumable Fuels1900
PFCPower Finance CorporationFinancial Services1300 (1525 from Jan 2027)
PGELPG ElectroplastConsumer Durables950
PHOENIXLTDPhoenix MillsRealty350
PIDILITINDPidilite IndustriesChemicals500
PIINDPI IndustriesChemicals175 (225 from Jan 2027)
PNBPunjab National BankFinancial Services8000
PNBHOUSINGPNB Housing FinanceFinancial Services650
POLICYBZRPB FintechFinancial Services350
POLYCABPolycab IndiaCapital Goods125 (75 from Jan 2027)
POWERGRIDPower Grid CorporationPower1900
POWERINDIAHitachi Energy IndiaCapital Goods25
PREMIERENEPremier EnergiesCapital Goods650
PRESTIGEPrestige Estates ProjectsRealty450
RADICORadico KhaitanFast Moving Consumer Goods150
RBLBANKRBL BankFinancial Services3175 (1275 from Jan 2027)
RECLTDRECFinancial Services1575 (1675 from Jan 2027)
RELIANCEReliance IndustriesOil Gas & Consumable Fuels500
RVNLRail Vikas NigamConstruction1925 (2525 from Jan 2027)
SAGILITYSagilityInformation Technology12000
SAILSteel Authority of IndiaMetals & Mining4700
SBICARDSBI Cards and Payment ServicesFinancial Services800
SBILIFESBI Life Insurance CompanyFinancial Services375
SBINState Bank of IndiaFinancial Services750
SHREECEMShree CementConstruction Materials25
SHRIRAMFINShriram FinanceFinancial Services825
SIEMENSSiemensCapital Goods175
SOLARINDSSolar Industries IndiaChemicals25
SONACOMSSona BLW Precision ForgingsAutomobile and Auto Components1225
SRFSRFChemicals200
SUNPHARMASun PharmaceuticalHealthcare350
SUPREMEINDSupreme IndustriesCapital Goods175
SUZLONSuzlon EnergyCapital Goods12700
SWIGGYSwiggyConsumer Services1825 (1925 from Jan 2027)
SYRMASyrma SGS TechnologyCapital Goods325
TATACONSUMTata Consumer ProductsFast Moving Consumer Goods550
TATAELXSITata ElxsiInformation Technology125 (175 from Jan 2027)
TATAPOWERTata Power Co.Power1450
TATASTEELTata SteelMetals & Mining2750
TCSTata Consultancy ServicesInformation Technology225 (250 from Jan 2027)
TECHMTech MahindraInformation Technology600
TIINDIATube Investments of IndiaAutomobile and Auto Components200
TITANTitan CompanyConsumer Durables175
TMPVTata Motors Passenger VehiclesAutomobile and Auto Components1600 (1750 from Jan 2027)
TORNTPHARMTorrent PharmaceuticalsHealthcare125
TRENTTrentConsumer Services225
TVSMOTORTVS Motor CompanyAutomobile and Auto Components175
UJJIVANSFBUJJIVANSFBFinancial Services8000
ULTRACEMCOUltraTech CementConstruction Materials50
UNIONBANKUnion Bank of IndiaFinancial Services4425
UNITDSPRUnited SpiritsFast Moving Consumer Goods400
UNOMINDAUNO MindaAutomobile and Auto Components550
UPLUPLChemicals1355
VBLVarun BeveragesFast Moving Consumer Goods1275
VEDLVedantaMetals & Mining1150 (1975 from Jan 2027)
VMMVishal Mega MartConsumer Services4850
VOLTASVoltasConsumer Durables375 (475 from Jan 2027)
WAAREEENERWaaree EnergiesCapital Goods175 (225 from Jan 2027)
WIPROWiproInformation Technology3000
YESBANKYes BankFinancial Services31100
ZYDUSLIFEZydus LifesciencesHealthcare450

Each symbol has its own page with upcoming expiries and any listed lot revision, for example 360ONE, ABB, ABCAPITAL. See the full list grouped by industry.

Always confirm with the exchange

Lot sizes here are checked against the exchange contract master and refreshed when it changes, but your broker's order window and the NSE/BSE circulars are the final word. Mid-series changes, corporate actions (splits, bonuses) and new inclusions can change a lot size at short notice.

Frequently asked questions

What is the NIFTY lot size?
65 units per contract in the current series, per the exchange contract master. Lot sizes are revised periodically, so check the latest exchange circular before trading a new series.
What is the Bank Nifty lot size?
30 units per contract in the current series.
Why do lot sizes change?
Exchanges keep contract values within a set range. When an index or stock rises a lot, its lot size is reduced so one contract doesn't become too large, and when it falls the lot can be raised.
When does a new lot size take effect?
On the date in the exchange circular, usually from a specific series onward. Contracts listed with the new lot size can trade alongside existing ones with the old size until those expire.
Are stock F&O contracts settled in shares?
Yes. Stock futures and in-the-money stock options held to expiry are physically settled: you deliver or receive the lot's shares. Index derivatives are cash settled.
How much margin does one lot need?
Margin is a fraction of contract value, set by the exchange's SPAN and exposure margin and your broker's own rules. It changes daily with volatility. Your broker's margin calculator gives the real figure.

Educational content about how market structure is measured. It isn't a recommendation to trade any instrument, and examples use illustrative numbers.

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