The National Stock Exchange yesterday announced change in Lot sizes of futures & options.
As per the NSE circular, all stocks whose derviative contract size or value exceeds Rs 4,00,000, will see their lot size divided by two. Only two stocks qualify for this - Sterling Biotech and Lupin. This change takes effect after December expiry.
On the other, stocks with derivative contract size or value of less than Rs 2,00,000, will see their lot size multiplied by two and its multiples.
As a result which 243 stocks would see rise in Lot sizes with effect from March expiry.