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The National Stock Exchange of India has announced a revision in the market lot size of derivative contracts on select indices in line with the Securities and Exchange Board of India's guidelines on periodic lot size review, effective Oct. 28, as per a circular.

According to the circular, the lot size for the Nifty 50 will be reduced from 75 to 65, while Bank Nifty will move from 35 to 30. The Nifty Financial Services lot will be cut from 65 to 60, and the Nifty Mid Select from 140 to 120. The market lot for Nifty Next 50 remains unchanged at 25.

For computation of revised contract values, NSE has considered the average closing price of the respecti

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