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
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Tuesday, 2 December 2008
Changed Lot Size in FnO
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