Business

NSE Changes Monthly Expiry Days for Bank Nifty, FinNifty, and Others to Monday

Published

11 months ago

March 5, 2025

On Tuesday, the National Stock Exchange (NSE) announced a change to the expiry days for the futures and options (F&O) of Bank Nifty, Fin Nifty, Nifty Midcap Select, and Nifty Next50. Expiry will now occur on the last Monday of the expiry month, starting April 3. Previously, the expiry day was set for the last Thursday of the month.

According to an official circular from the NSE, “If the last Thursday falls on a trading holiday, then the expiry will be moved to the preceding trading day.”

Additionally, the circular indicated that new serial weekly options contracts will be introduced following the expiry of the current week’s contracts. The NSE has also adjusted the expiry days for Nifty’s monthly, quarterly, and half-yearly contracts from Thursday to Monday, as well as for the Nifty weekly contracts.

Experts believe this decision is aimed at protecting investors’ capital. The NSE clarified that there would be no modifications to the contract specifications for index and stock derivatives.

Previously, the exchange announced that, starting January 1, 2025, there would be changes regarding the expiry days of its contracts, which was detailed in a circular on November 29. It also noted that there would be no alterations to the expiry days for Nifty monthly, weekly, quarterly, and half-yearly contracts.

In related news, on March 4, Indian stock benchmarks closed slightly lower, with both the Sensex and Nifty finishing in the negative territory. This decline was influenced by the implementation of US trade tariffs on Canada and Mexico, which became effective that day, along with Canada’s retaliatory tariffs on US exports, contributing to a subdued market atmosphere.

The 30-share Sensex closed at 72,989.93, down 96 points or 0.13% from the previous close. During intraday trading, the index moved between 73,033.18 and 72,633.54. The Nifty also experienced a decline, closing at 22,082.65, dropping by 36.65 points or 0.17% during the session. It reached a high of 22,105.05 and a low of 21,964.60 throughout the day.

Business

India May Buy More Oil From Venezuela Instead of Russia

Published

2 weeks ago

January 31, 2026

Namma Kudla

Business : The United States has told India that it can soon resume buying oil from Venezuela.The suggestion is part of a U.S. effort to reduce India’s dependence on Russian crude oil.

This pitch comes as India plans to cut Russian oil imports by several hundred thousand barrels per day in the coming months. Under the Trump administration, the United States had imposed a 25 % tariff on countries that bought Venezuelan oil, including India.

Now, the U.S. wants India to resume Venezuelan oil purchases to help diversify India’s energy sources. The United States is also trying to reshape energy ties with India as part of broader diplomatic engagement.

Venezuela’s interim president Delcy Rodríguez said she agreed with India on energy cooperation in a recent phone call with Prime Minister Narendra Modi. PM Modi said both sides agreed to deepen their partnership and expand cooperation in all areas.

Venezuela has the world’s largest proven oil reserves. Recently, Venezuela opened its oil sector to private investment to attract foreign capital and boost production.

India was one of the major buyers of Russian crude after the Ukraine war began in 2022. But India is now seeking alternative suppliers as part of its energy strategy.

Business

Chicken Prices Remain Stable in Local Markets

Published

2 weeks ago

January 27, 2026

Namma Kudla

Chicken prices remained stable in local markets today.Traders said there was no major change in rates.Consumers continued to make regular purchases.

Boneless chicken is priced at ₹210 per kilogram.Regular chicken is available at ₹160 per kilogram.Chicken liver is being sold at ₹120 per kilogram.

Country chicken is priced higher due to demand.It is selling at ₹360 per kilogram.Live chicken is available at ₹130 per kilogram.

Skinless chicken is priced at ₹200 per kilogram.Vendors said supply is sufficient in the market.They expect prices to remain steady in the coming days.

Customers expressed satisfaction with the current rates.Market officials said there is no shortage of chicken.

Business

Gold Prices Edge Up in India on January 19, 2026

Published

3 weeks ago

January 19, 2026

Namma Kudla

Gold prices in India recorded a slight increase on January 19, 2026, supported by global market trends, local demand, and movements in the rupee-dollar exchange rate.

As per market estimates, 24-carat gold, which is considered pure gold, is priced at ₹14,569 per gram, or ₹1,45,690 per 10 grams. 22-carat gold, commonly used for jewellery, is trading at around ₹13,355 per gram, or ₹1,33,550 per 10 grams.

The prices have risen marginally compared to the previous day. The increase is mainly linked to a weaker Indian rupee against the US dollar, which makes imported gold more expensive.

Gold rates vary slightly across cities such as Mangalore and other parts of the country. These differences depend on local taxes, transportation costs, jeweller margins, and regional demand.

Demand for gold remains strong due to the wedding season and festive buying, which continues to support higher prices. Investors also turn to gold during uncertain economic conditions, as it is seen as a safe-haven asset.

Experts say that global geopolitical developments, inflation concerns, and central bank policies are also influencing international gold prices, which in turn affect domestic rates.

Market participants expect gold prices to remain firm in the near term if the rupee stays weak and demand continues at current levels.