SEBI Approves Tuesday Expiry for NSE, Thursday for BSE

As per CNBC-TV18 reports, the National Stock Exchange (NSE) has received regulatory approval from SEBI to conduct equity derivatives contract expiries on Tuesdays. Meanwhile, the Bombay Stock Exchange (BSE) has been allotted Thursdays for contract expiries.

Background and Rationale

This decision follows a consultation process initiated by SEBI in March 2025. The regulatory body aimed to streamline the expiry calendar to curb volatility and manage the rising speculative activity seen on multiple expiry days each week.

SEBI’s Proposal

SEBI had earlier proposed that exchanges should restrict weekly equity derivatives expiries to just two days, Tuesday and Thursday. The proposal, first reported by CNBC-TV18 on May 22, was designed to promote greater discipline and reduce systemic risks in the derivatives segment.

As per CNBC-TV18, “If you flip it around and say that NSE's expiry is now set to be on Tuesday, confirmed officially, it's a huge positive for NSE,” stated Sriram Krishnan, Chief Business Officer, NSE. “I think that's what the market ecosystem wanted, and we had received feedback supporting this in the past.”

“We never changed our expiry day, although we had the chance to do so when the other exchange moved from Friday to Tuesday,” he stated. “We did not announce a change at that point. Initially, we considered Monday. However, given the consultation paper and the developments that followed, we opted for Tuesday, which was a fair suggestion and has now been approved.”

Also Read: SEBI Board to Discuss Sweeping Regulatory Reforms on June 18!

Conclusion

The new expiry structure is expected to bring more stability to the markets while allowing both major exchanges to retain active participation in derivatives trading.

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