Quarterly Bank Nifty contracts to give more options

Mumbai: The introduction of quarterly options contracts on the Bank Nifty will help institutional investors and HNIs take a medium-term bet on the banking index than the currently available weekly and monthly Bank Nifty options contracts.However, Bank Nifty weekly options contracts form over 60 per cent of the overall Bank Nifty options volume given the low cost and shorter time duration.“It wi