iStockThe market lot size for Nifty Bank futures and options has been reduced to 15 from 25, effective from the beginning of July 2023 contracts. In a circular on Friday, the National Stock Exchange said only the far-month contract, i.e., July 2023 expiry contracts, would be revised for market lots. "Contracts with a maturity of April 2023, May 2023, and June 2023 would continue to have the existing market lots," NSE said. The bourse has kept the lot size of Nifty 50, Nifty Financial Services, and Nifty Midcap Select kept unchanged at 50, 40, and 75, respectively.
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D Street Gains Almost 2% on Eased Sentiment in USIndian equities advanced for the second consecutive session on Friday, with leading indices surging nearly 2% on hopes the US Federal Reserve may be nearing the end of the interest rate hiking cycle.
Trump to Appear in Court on Tues, face Criminal ChargesFormer President Donald Trump will be arraigned on Tuesday in an unprecedented legal case, potentially reshaping the American political landscape ahead of next year’s election. Court officials confirmed the timing on Friday.
Core Growth Slows to 3-mth Low of 6% in Feb on Global RipplesIndia’s core sector growth eased to a three-month low of 6% in February, from 8.9% in the preceding month, suggesting the slowing global economy was impacting economic activity.
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