FUTURES AND OPTIONS SEGMENT

Circular No. 106

Sub: Revision of Market Lot of Derivative Contracts on Individual Stocks

SEBI has advised exchange to standardize lot size for derivative contracts on individual
Date: Sep 30, 2010
securities once in every 6 months as per circular no. SEBI/DNPD/Cir- 50/2010 dated
January 8, 2010. In pursuance to the revised methodology mentioned in the SEBI circular,
Download No: 15884 it is proposed to carry out revision of market lot for derivatives contracts as follows:

Sr Underlying whose Count of Effective date Annexure

No Derivative contract size Underlying Number
022-26598151 shall be
022-26598152 October 29, 2010 1
022-26598180 1 Revised Downwards 31
(for all contracts)
Revised Downwards but October 29, 2010 2
Dipesh Sahoo 2 new lot size is not a 6 (for January 2011 & later
Altaf Shaikh
multiple of old lot size expiries)
Sachin Dhar
October 29, 2010 3
3 Revised Upwards 11 (for January 2011 & later
expiries)
4
4 Unchanged 151 -
022-26598449

To avoid operational complexities, in case 2 & 3 above, following will be applicable:

1. Only the far month contract i.e. January 2011 expiry contracts will be revised for
fotrade@nse.co.in market lots. Contracts with maturity of November 2010 and December 2010
would continue to have the existing market lots. All subsequent contracts (i.e.,
January 2011 expiry and beyond) will have revised market lots.
2. The day spread order book will not be available for the combination contract of
December 2010 – January 2011 expiry.
No of Pages: 7
For the purpose of the computation, the average of the closing price of the underlying has
been taken for last one month period of September 2010.

This circular shall come into effect from October 29, 2010.

For and on behalf of

National Stock Exchange of India Limited

Suprabhat Lala
Vice President
 Annexure-1

List of underlying in which market lot is being revised downwards:

Present Revised
Market Market
S. No Underlying Symbol Lot Lot
1 ALLAHABAD BANK ALBK 2000 1000
2 BAJAJ AUTO LIMITED BAJAJ-AUTO 250 125
3 BANK OF BARODA BANKBARODA 500 250
4 BANK OF INDIA BANKINDIA 1000 500
5 BGR ENERGY SYSTEMS LTD BGRENERGY 500 250
6 CESC LTD CESC 1000 500
7 COLGATE PALMOLIVE LTD. COLPAL 500 250
8 DABUR INDIA LTD DABUR 4000 2000
9 DENA BANK DENABANK 4000 2000
10 DISH TV INDIA LTD. DISHTV 8000 4000
11 GODREJ INDUSTRIES LTD GODREJIND 2000 1000
12 GUJARAT STATE PETRO LTD GSPL 4000 2000
13 HCL TECHNOLOGIES LTD HCLTECH 1000 500
14 HINDUSTAN PETROLEUM CORP HINDPETRO 1000 500
15 HOTEL LEELA VENTURES LTD HOTELEELA 8000 4000
16 THE INDIAN HOTELS CO. LTD INDHOTEL 4000 2000
17 INDIAN BANK INDIANB 2000 1000
18 INDIAN OVERSEAS BANK IOB 4000 2000
19 INDIAN OIL CORP LTD IOC 1000 500
20 KOTAK MAHINDRA BANK LTD KOTAKBANK 1000 500
21 MUNDRA PORT & SEZ LTD MUNDRAPORT 2500 500
22 NATIONAL ALUMINIUM CO LTD NATIONALUM 1000 500
23 ORIENTAL BANK OF COMMERCE ORIENTBANK 1000 500
24 PETRONET LNG LIMITED PETRONET 4000 2000
25 SYNDICATE BANK SYNDIBANK 4000 2000
26 TATA CHEMICALS LTD TATACHEM 1000 500
27 TATA MOTORS LIMITED TATAMOTORS 500 250
28 TATA CONSULTANCY SERV LT TCS 500 250
29 UCO BANK UCOBANK 4000 2000
30 VIJAYA BANK VIJAYABANK 8000 4000
31 VOLTAS LTD VOLTAS 2000 1000
 Annexure-2

List of underlying in which market lot is being revised downwards but new lot size is not a
multiple of old lot size:

Present Revised
Market Market
S. No Underlying Symbol Lot Lot
1 BHUSHAN STEEL LIMITED BHUSANSTL 625 250
2 HDFC LTD HDFC 625 500
3 ISPAT INDUSTRIES LIMITED ISPATIND 11000 10000
4 LUPIN LIMITED LUPIN 1250 1000
5 TATA GLOBAL BEVERAGES LTD TATAGLOBAL 2500 2000
6 WIPRO LTD WIPRO 833 500

Annexure-3

List of underlying in which market lot is being revised upwards:

Present Revised
Market Market
S.No Underlying Symbol Lot Lot
1 GREAT OFFSHORE LTD GTOFFSHORE 500 1000
2 IVRCL INFRAST & PROJ LTD. IVRCLINFRA 1000 2000
3 K S OILS LIMITED KSOILS 4000 8000
4 MAHINDRA & MAHINDRA LTD M&M 250 500
5 PATEL ENGINEERING LTD. PATELENG 500 1000
6 SHREE RENUKA SUGARS LTD RENUKA 2000 4000
7 REL. NAT. RESOURCES LTD. RNRL 4000 8000
8 SESA GOA LTD SESAGOA 500 1000
9 STERLITE INDS (IND) LTD STER 1000 2000
10 TECH MAHINDRA LIMITED TECHM 250 500
11 TULIP TELECOM LIMITED TULIP 1250 2000

Annexure-4

List of underlying in which market lot is unchanged:

Present
Market
S.No Underlying Symbol Lot
1 ABAN OFFSHORE LTD. ABAN 250
2 ABB LTD. ABB 250
3 ABG SHIPYARD LTD ABGSHIP 1000
4 ADITYA BIRLA NUVO LIMITED ABIRLANUVO 250
5 ACC LIMITED ACC 250
 6 ADANI ENTERPRISES LIMITED ADANIENT 500
7 ADANI POWER LTD ADANIPOWER 2000
8 AMBUJA CEMENTS LTD AMBUJACEM 2000
9 ANDHRA BANK ANDHRABANK 2000
10 ALSTOM PROJECTS INDIA LTD APIL 500
11 APOLLO TYRES LTD APOLLOTYRE 4000
12 AREVA T&D INDIA LIMITED AREVAT&D 1000
13 ASHOK LEYLAND LTD ASHOKLEY 4000
14 ASIAN PAINTS LIMITED ASIANPAINT 125
15 AUROBINDO PHARMA LTD AUROPHARMA 250
16 AXIS BANK LIMITED AXISBANK 250
17 BAJAJ HINDUSTAN LTD BAJAJHIND 2000
18 BALRAMPUR CHINI MILLS LTD BALRAMCHIN 4000
19 BHARAT ELECTRONICS LTD BEL 125
20 BEML LIMITED BEML 250
21 BHARAT FORGE LTD BHARATFORG 1000
22 BHARTI AIRTEL LIMITED BHARTIARTL 1000
23 BHEL BHEL 125
24 BIOCON LIMITED. BIOCON 1000
25 BOSCH LIMITED BOSCHLTD 125
26 BHARAT PETROLEUM CORP LT BPCL 500
27 BOMBAY RAYON FASHIONS LTD BRFL 1000
28 CAIRN INDIA LIMITED CAIRN 1000
29 CANARA BANK CANBK 500
30 CENTURY TEXTILES LTD CENTURYTEX 500
31 CHAMBAL FERTILIZERS LTD CHAMBLFERT 4000
32 CHENNAI PETROLEUM CORP LT CHENNPETRO 1000
33 CIPLA LTD CIPLA 1000
34 CONTAINER CORP OF IND LTD CONCOR 250
35 CORE PROJ. & TECH. LTD. COREPROTEC 1000
36 CROMPTON GREAVES LTD CROMPGREAV 1000
37 CUMMINS INDIA LTD CUMMINSIND 500
38 DECCAN CHRONICLE HOLD LTD DCHL 2000
39 DIVI'S LABORATORIES LTD DIVISLAB 500
40 DLF LIMITED DLF 1000
41 DR. REDDY'S LABORATORIES DRREDDY 250
42 EDUCOMP SOLUTIONS LTD EDUCOMP 500
43 EVEREST KANTO CYLINDERLTD EKC 2000
44 ESSAR OIL LTD ESSAROIL 2000
45 EXIDE INDUSTRIES LTD EXIDEIND 2000
46 FEDERAL BANK LTD FEDERALBNK 1000
47 FINANCIAL TECHNO (I) LTD FINANTECH 250
48 FORTIS HEALTHCARE LTD FORTIS 2000
49 FIRSTSOURCE SOLU. LTD. FSL 8000
50 GAIL (INDIA) LTD GAIL 500
51 THE GE SHPG.LTD GESHIP 1000
52 GLAXOSMITHKLINE PHARMA LT GLAXO 125
53 GUJARAT MINERAL DEV CORP GMDCLTD 2000
54 GMR INFRASTRUCTURE LTD. GMRINFRA 4000
55 GRASIM INDUSTRIES LTD GRASIM 125
56 GTL LTD GTL 500
57 GTL INFRA.LTD GTLINFRA 8000
58 GVK POW. & INFRA LTD. GVKPIL 8000
59 HINDUSTAN CONSTRUCTION CO HCC 4000
60 HDFC BANK LTD HDFCBANK 125
61 HOUSING DEV & INFRA LTD HDIL 1000
62 HERO HONDA MOTORS LTD HEROHONDA 125
63 HEXAWARE TECHNOLOGIES LTD HEXAWARE 4000
64 HINDALCO INDUSTRIES LTD HINDALCO 2000
65 HINDUSTAN UNILEVER LTD. HINDUNILVR 1000
66 HINDUSTAN ZINC LIMITED HINDZINC 250
67 INDIABULLS REAL EST. LTD IBREALEST 2000
68 ICICI BANK LTD. ICICIBANK 250
69 IDBI BANK LIMITED IDBI 2000
70 IDEA CELLULAR LIMITED IDEA 4000
71 INFRA. DEV. FIN. CO. LTD IDFC 2000
72 IFCI LTD IFCI 4000
73 THE INDIA CEMENTS LIMITED INDIACEM 2000
74 INDIA INFOLINE LIMITED INDIAINFO 2000
75 INFOSYS TECHNOLOGIES LTD INFOSYSTCH 125
76 ITC LTD ITC 2000
77 JINDAL SAW LIMITED JINDALSAW 1000
78 JINDAL STEEL & POWER LTD JINDALSTEL 500
79 JINDAL SOUTHWEST HOLD LTD JINDALSWHL 125
80 JAIN IRRIGATION SYSTEMS JISLJALEQS 250
81 JAIPRAKASH ASSOCIATES LTD JPASSOCIAT 2000
82 JAIPRAKASH POWER VEN. LTD JPPOWER 4000
83 JSW STEEL LIMITED JSWSTEEL 250
84 KINGFISHER AIRLINES LTD KFA 4000
85 LIC HOUSING FINANCE LTD LICHSGFIN 250
86 LANCO INFRATECH LTD. LITL 4000
87 LARSEN & TOUBRO LTD. LT 125
88 MARUTI SUZUKI INDIA LTD. MARUTI 250
89 UNITED SPIRITS LIMITED MCDOWELL-N 250
90 MCLEOD RUSSEL INDIA LTD. MCLEODRUSS 1000
91 MERCATOR LINES LIMITED MLL 4000
92 MOSER-BAER (I) LTD MOSERBAER 4000
93 MPHASIS LIMITED MPHASIS 500
94 MRPL MRPL 4000
95 MAHANAGAR TELEPHONE NIGAM MTNL 4000
 96 NAGARJUNA CONSTRN. CO. LT NAGARCONST 2000
97 NAGARJUNA FERT & CHEM LTD NAGARFERT 8000
98 NEYVELI LIGNITE CORPORATI NEYVELILIG 2000
99 NHPC LTD NHPC 8000
100 NTPC LTD NTPC 1000
101 ORACLE FIN SERV SOFT LTD. OFSS 125
102 OIL AND NATURAL GAS CORP. ONGC 250
103 ONMOBILE GLOBAL LTD. ONMOBILE 1000
104 OPTO CIRCUITS (I) LTD. OPTOCIRCUI 1000
105 ORBIT CORP. LTD. ORBITCORP 2000
106 ORCHID CHEM & PHARMA LTD ORCHIDCHEM 2000
107 PANTALOON RETAIL (I) LTD PANTALOONR 500
108 PATNI COMPUTER SYST LTD PATNI 500
109 POWER FIN CORP LTD. PFC 1000
110 PIRAMAL HEALTHCARE LTD PIRHEALTH 500
111 PUNJAB NATIONAL BANK PNB 250
112 POLARIS SOFTWARE LAB LTD POLARIS 2000
113 POWER GRID CORP. LTD. POWERGRID 2000
114 PRAJ INDUSTRIES LTD PRAJIND 4000
115 PTC INDIA LIMITED PTC 2000
116 PUNJ LLOYD LIMITED PUNJLLOYD 2000
117 RANBAXY LABS LTD RANBAXY 500
118 RELIANCE COMMUNICATIONS L RCOM 2000
119 RURAL ELEC CORP. LTD. RECLTD 1000
120 RELIANCE CAPITAL LTD RELCAPITAL 500
121 RELIANCE INDUSTRIES LTD RELIANCE 250
122 RELIANCE INFRASTRUCTU LTD RELINFRA 250
123 RELIANCE MEDIAWORKS LTD RELMEDIA 1000
124 ROLTA INDIA LTD ROLTA 2000
125 RELIANCE POWER LTD. RPOWER 2000
126 RUCHI SOYA INDUSTRIES LTD RUCHISOYA 2000
127 STEEL AUTHORITY OF INDIA SAIL 1000
128 STATE BANK OF INDIA SBIN 125
129 SHIPPING CORP OF INDIA LT SCI 2000
130 SIEMENS LTD SIEMENS 500
131 SINTEX INDUSTRIES LTD SINTEX 1000
132 SOBHA DEVELOPERS LTD SOBHA 1000
133 SHRIRAM TRANSPORT FIN CO. SRTRANSFIN 500
134 STERLING BIOTECH LTD STERLINBIO 2000
135 SUN PHARMACEUTICALS IND. SUNPHARMA 125
136 SUN TV NETWORK LIMITED SUNTV 500
137 SUZLON ENERGY LIMITED SUZLON 4000
138 TATA COMMUNICATIONS LTD TATACOMM 1000
139 TATA POWER CO LTD TATAPOWER 250
140 TATA STEEL LIMITED TATASTEEL 500
141 TITAN INDUSTRIES LTD TITAN 125
142 TRIVENI ENGG. & INDS. LTD TRIVENI 2000
143 TATA TELESERV(MAHARASTRA) TTML 9000
144 TV18 INDIA LIMITED TV-18 4000
145 ULTRATECH CEMENT LIMITED ULTRACEMCO 250
146 UNION BANK OF INDIA UNIONBANK 1000
147 UNITED PHOSPHORUS LIMITED UNIPHOS 2000
148 UNITECH LTD UNITECH 4000
149 VIDEOCON INDUSTRIES LIMIT VIDEOIND 1000
150 WELSPUN CORP LIMITED WELCORP 1000
151 YES BANK LIMITED YESBANK 1000