The National Stock Exchange (NSE) on Tuesday scrapped its plan to shift expiry day for Future & Options (F&O) contracts of Nifty Bank to Friday from Thursday. This came after rival exchange BSE requested NSE to consider shifting the Nifty Bank expiry to any day other than Friday for balanced market development. Earlier this month, NSE moved the expiry day for Nifty Bank derivative contracts to Friday from Thursday, which was to be effective from July 7. The first Friday expiry was scheduled for July 14.
