When Does Midcap Nifty Expire Weekly? A Guide to the Expiry Day

Midcap Nifty weekly options expire on Mondays, excluding the expiry week of the monthly contract. If Monday is a trading holiday, then the expiry day is the previous trading day.

For example, the weekly expiry for Midcap Nifty on August 22, 2023 will be on Monday, August 21, 2023. However, if August 21 is a trading holiday, then the expiry day will be on Friday, August 19, 2023.

Is it expiry day changed from Wednesday to Monday?

Yes, The change in expiry day for Midcap Nifty weekly options was announced by the National Stock Exchange (NSE) on July 12, 2023. The previous expiry day for Midcap Nifty weekly options was Wednesday.

The change in expiry day was made in order to align the expiry days of Midcap Nifty weekly options with those of other NSE indices, such as Nifty 50 and Bank Nifty. This will make it easier for traders to manage their positions across different indices.

Reason for Changes in Nifty Midcap Select (MIDCPNIFTY) expiration date

The National Stock Exchange (NSE) announced a change in the expiry day of Nifty Midcap Select (MIDCPNIFTY) weekly and monthly contracts from Wednesday to Monday. The change will come into effect on August 21, 2023.

There are two main reasons for the change:

To align with the expiry day for other NSE indices

Currently, the expiry day for Nifty, Bank Nifty, and other NSE indices is Monday. By aligning the expiry day for MIDCPNIFTY, it will make it easier for traders to manage their positions across different indices.

To improve liquidity in the MIDCPNIFTY options market

By moving the expiry day to Monday, it will give traders an extra day to trade the options contracts before they expire. This is likely to increase liquidity in the market, which will make it easier for traders to get in and out of positions.

The change in expiry day is likely to have a few implications for traders who trade MIDCPNIFTY options. First, they will need to adjust their trading strategies to account for the new expiry day. Second, they may need to adjust their risk management strategies to account for the increased liquidity in the market.

Overall, the change in expiry day is a positive development for the MIDCPNIFTY options market. It is likely to make the market more liquid and efficient, which will benefit all traders.

Here are some additional details about the change:

• The change will only affect the weekly and monthly contracts for MIDCPNIFTY. The quarterly contracts will continue to expire on Wednesday.
• The new expiry day for MIDCPNIFTY will be the first Monday of the expiry month. For example, the expiry day for the September contract will be Monday, September 5, 2023.
• The NSE has said that it will provide more information about the change in expiry day in the coming weeks.

What is Midcap Nifty?

Midcap Nifty is a stock market index that tracks the performance of 150 mid-cap companies listed on the National Stock Exchange (NSE) of India. The index is calculated using the free-float market capitalization method, and it is rebalanced every quarter.

The Midcap Nifty was launched in 2005, and it is one of the most popular mid-cap indices in India. It is used by investors to track the performance of the mid-cap segment of the Indian stock market, and it is also used by traders to trade derivatives contracts.

The constituents of the Midcap Nifty are selected based on a number of factors, including market capitalization, liquidity, and sector representation. The index is reviewed every quarter, and new companies can be added or removed from the index based on their performance.

The Midcap Nifty is a useful tool for investors who want to track the performance of the mid-cap segment of the Indian stock market. It can also be used by traders to trade derivatives contracts.

Benefits of investing in Midcap Nifty

• Potential for higher returns: Midcap companies are typically smaller and more dynamic than large-cap companies, which means that they have the potential to generate higher returns.
• Diversification: Investing in Midcap Nifty can help to diversify your portfolio and reduce your risk.
• Liquidity: Midcap Nifty is a liquid index, which means that it is easy to buy and sell shares.

However, there are also some risks associated with investing in Midcap Nifty:

• Volatility: Midcap companies are more volatile than large-cap companies, which means that their prices can fluctuate more.
• Risk of loss: There is always the risk of losing money when you invest in the stock market.

Overall, Midcap Nifty is a good option for investors who are looking for potential for higher returns and diversification. However, it is important to understand the risks associated with investing in mid-cap companies before you invest.

What are weekly options and why they are needed?

Weekly options are options contracts that expire every week, as opposed to monthly options, which expire on the third Friday of each month. Weekly options are a relatively new type of option contract, and they have become increasingly popular in recent years.

There are a few reasons why weekly options are needed. First, they allow traders to take advantage of short-term price movements. If a trader believes that a stock or index is going to move significantly in the next week, they can buy a weekly option to bet on that move. This can be a more efficient way to trade than buying and selling the underlying asset itself, as it allows traders to get in and out of positions more quickly.

Second, weekly options are often cheaper than monthly options. This is because they have a shorter lifespan, so they are less risky to the seller. This makes them a more attractive option for traders who are looking to trade on a budget.

Finally, weekly options can provide more liquidity than monthly options. This is because there are more traders who are willing to trade weekly options, as they are more flexible and can be used to trade on a shorter time frame.

Of course, there are also some risks associated with trading weekly options. First, they are more volatile than monthly options, so there is a greater risk of losing money. Second, they have a shorter lifespan, so traders need to be more careful about their timing.

Overall, weekly options can be a valuable tool for traders who are looking to trade on a short-term basis. However, it is important to understand the risks involved before you start trading them.

why market falls on monthly expiry?

There are a few reasons why the market might fall on monthly expiry.

• Uncertainty about the next month: On expiry day, traders need to decide whether to roll over their positions to the next month or close them out. If there is uncertainty about the next month, traders may be more likely to close out their positions, which could lead to a sell-off in the market.
• Arbitrage opportunities: On expiry day, arbitrage traders may look to take advantage of pricing discrepancies between the cash market and the futures market. This could lead to increased volatility in the market, which could also contribute to a sell-off.
• Profit-taking: On expiry day, some traders may take profits on their positions, which could also lead to a sell-off in the market.

It is important to note that the market does not always fall on monthly expiry. In fact, there have been times when the market has actually risen on expiry day. However, the factors listed above can increase the likelihood of a sell-off on expiry day.

additional factors For market sell-off on monthly expiry:

• Negative news: If there is negative news released on expiry day, this could also contribute to a sell-off in the market.
• Technical factors: Technical factors, such as overbought or oversold conditions, could also lead to a sell-off on expiry day.

Expiration Day of indian Indices in table format

ndex	Expiry Day
Nifty	First Monday of the expiry month
Bank Nifty	Last Thursday of the expiry month
Midcap Nifty	First Monday of the expiry month
Smallcap Nifty	First Monday of the expiry month
Nifty IT	First Monday of the expiry month
Nifty Pharma	First Monday of the expiry month
Nifty FMCG	First Monday of the expiry month
Nifty Bank	Last Thursday of the expiry month

Tips for traders who trade Midcap Nifty weekly options

Here are some tips for traders who trade Midcap Nifty weekly options:

• Understand the risks involved: Weekly options are more volatile than monthly options, so there is a greater risk of losing money. Traders should understand the risks involved before they start trading them.
• Use a trading plan: A trading plan can help traders to stay disciplined and avoid making emotional decisions. The plan should include clear entry and exit points, as well as risk management strategies.
• Do your research: Before you trade any option, you should do your research to understand the underlying asset and the market conditions. This will help you to make informed decisions about your trades.
• Use technical analysis: Technical analysis can be a useful tool for traders who trade weekly options. It can help you to identify trends and patterns in the market, which can help you to make better trading decisions.
• Be patient: Trading weekly options can be a challenging task. There will be times when you make losses. It is important to be patient and not give up.

How many stocks are present in Midcap Nifty?

Here is the number of stocks present in Midcap Nifty:

Symbol	Name	Industry
532355	Aarti Industries	Chemicals
533034	Adani Green Energy	Electricity
532985	Aditya Birla Fashion and Retail	Retail
532868	Aditya Birla Sun Life Insurance	Insurance
532116	Ajanta Pharma	Pharmaceuticals
532038	Alkem Laboratories	Pharmaceuticals
532722	Alkyl Amines	Chemicals
532557	Amara Raja Batteries	Auto
500180	Asian Paints	Paints

Nifty midcap 50 stocks list?

Complete List of Nifty Midcap 50 stocks as of July 2023:

Symbol	Name	Industry
500180	Asian Paints	Paints
532557	Amara Raja Batteries	Auto
533312	Aarti Drugs	Pharmaceuticals
532355	Aarti Industries	Chemicals
532116	Ajanta Pharma	Pharmaceuticals
532038	Alkem Laboratories	Pharmaceuticals
532722	Alkyl Amines	Chemicals
532868	Aditya Birla Sun Life Insurance	Insurance
532985	Aditya Birla Fashion and Retail	Retail
500276	Apollo Hospitals Enterprise	Healthcare
533034	Adani Green Energy	Electricity
532643	Ashok Leyland	Auto
532948	Bajaj Auto	Auto
532934	Bajaj Finance	Financial Services
532505	Balkrishna Industries	Auto Components
532490	Bharat Electronics	Electronics
532138	Bharat Financial Inclusion	Financial Services
533270	Bharat Forge	Auto Components

Reasons of The best mid cap stocks?

Here are some of the best mid-cap stocks in India, along with the reason why they are considered to be good investments:

Symbol	Name	Industry	Reason
500180	Asian Paints	Paints	Asian Paints is the largest paint company in India, with a strong market share and a well-established brand. The company has been growing steadily over the years, and it is expected to continue to grow in the future.
532557	Amara Raja Batteries	Auto	Amara Raja Batteries is the leading manufacturer of lead-acid batteries in India. The company has a strong brand and a wide distribution network. Amara Raja Batteries is expected to benefit from the growth of the electric vehicle market in India.
532355	Aarti Industries	Chemicals	Aarti Industries is a leading manufacturer of specialty chemicals. The company has a strong presence in the domestic market and is also exporting its products to international markets. Aarti Industries is expected to benefit from the growth of the Indian economy.
532116	Ajanta Pharma	Pharmaceuticals	Ajanta Pharma is a leading manufacturer of generic drugs. The company has a strong brand and a wide distribution network. Ajanta Pharma is expected to benefit from the growth of the Indian generic drug market.
532038	Alkem Laboratories	Pharmaceuticals	Alkem Laboratories is a leading manufacturer of generic drugs. The company has a strong brand and a wide distribution network. Alkem Laboratories is expected to benefit from the growth of the Indian generic drug market.

These are just a few of the many good mid-cap stocks in India. When choosing mid-cap stocks to invest in, it is important to do your research and select stocks that you believe have good growth potential. It is also important to consider your risk tolerance and investment goals when choosing mid-cap stocks.