The NSE revised upwards the market lot size for Nifty MidCap index and 73 stocks in the derivative segment. It also reduced the lot sizes of 9 stocks. According to the NSE Web site, these changes would take effect on the farther month contracts — July 2011 series, which would be introduced on April 29. “Contracts with maturity of May 2011 and June 2011 would continue to have the existing market lots,” the NSE statement said.
Accordingly, market lot size of Nifty Midcap-50 has been increased to 150 from 75. The stocks that saw higher revision include ABB, Bajaj Hindustan, Deccan Chronicle, Hindustan Construction, Hindustan Development and Infrastructure, Hero Honda, HOEL, HPCL, India Infoline, Jain Irrigation, JP Associates, Kingfisher Airlines, Lanco Infratech, L&T, NTPC, Punj Lloyd, Suzlon Energy, Tata Chemicals, Tata Motors DVR, Unitech and Voltas.
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