Why is Nifty expiry on Monday 9 November 2026 instead of Tuesday?
Nifty 50 options normally expire on a Tuesday. The Tuesday of that week, 10 November 2026, is a trading holiday, so NSE's own rule moves the expiry back one trading day, to Monday 9 November.
Published 5 November 2026 · Potoos Research Services
The short answer. Tuesday 10 November 2026 is a trading holiday on NSE for Diwali-Balipratipada. NSE's rule says that when the Tuesday of the expiry period is a trading holiday, the contracts expire on the previous trading day. That day is Monday 9 November, so the Nifty 50 weekly options contract for that week expires on 9 November. It is a weekly expiry only: the November monthly contracts expire on 23 November.
The rule, in NSE's words
“Nifty 50 index options monthly contracts expire on the last Tuesday of the expiry month and weekly contracts expire on every Tuesday of the expiry week. If the Tuesday of the expiry period is a trading holiday, the contracts expire on the previous trading day.”
NSE, Nifty 50 equity derivatives product page, “Expiry Day”, checked 4 November 2026
Tuesday has been the Nifty expiry day since NSE's circular NSE/FAOP/68747 of 25 June 2025. It moved Nifty weekly contracts from Thursday to Tuesday, and Nifty monthly, quarterly and half-yearly contracts to the last Tuesday of the month, for contracts expiring on or after 1 September 2025.
Why Tuesday 10 November is a holiday
NSE's list of trading holidays for 2026 shows Tuesday 10 November 2026, Diwali-Balipratipada, as a holiday. It is on the list for the equity derivatives segment and for the cash market. There is no trading on NSE that day, so no contract can expire on it.
Which contracts expire on 9 November, and which do not
Not all F&O contracts expire on 9 November. These are the expiry dates on NSE's own list of contract expiry dates, checked on 4 November 2026:
| Contract on NSE | Next expiry |
|---|---|
| Nifty 50 weekly options | Monday 9 November 2026 (moved from Tuesday 10 November, a holiday) |
| Nifty 50 weekly options, the week after | Tuesday 17 November 2026 |
| Nifty 50 November monthly options | Monday 23 November 2026 (moved from Tuesday 24 November, a holiday) |
| Bank Nifty options | Monday 23 November 2026 |
| Nifty Financial Services options | Monday 23 November 2026 |
| Stock options, for example Reliance Industries | Monday 23 November 2026 |
Bank Nifty, Nifty Financial Services and stock options have no expiry on 9 November. NSE's product page says Nifty 50 futures also expire on the last Tuesday of the month, with the same previous-trading-day rule, so the 9 November date is for the weekly options only.
November has a second early expiry
NSE's holiday list also shows Tuesday 24 November 2026, Prakash Gurpurb Sri Guru Nanak Dev, as a trading holiday. 24 November is the last Tuesday of November, the normal monthly expiry day. Under the same rule, the November monthly contracts expire one trading day earlier, on Monday 23 November 2026.
Sensex contracts are on BSE
Sensex futures and options trade on BSE, not on NSE. They follow BSE's own expiry day and BSE's holiday list. The NSE rule on this page does not set their dates. Check BSE's notices, or the contract list in your trading app, for the Sensex expiry date.
The Muhurat session on Sunday 8 November
NSE has scheduled its special Diwali Muhurat trading session for Sunday 8 November 2026, ahead of the 9 November expiry. Its timings and what to know are on our page Muhurat trading 2026.
What to check about this expiry
- The last trading day for this Nifty 50 weekly options contract is Monday 9 November 2026, not Tuesday 10 November.
- Note both holidays: Tuesday 10 November and Tuesday 24 November 2026. NSE is closed on both days.
- Before you trade, check the expiry date shown in your trading app against the expiry dates on NSE's option chain page.
Our answer Where to check the F&O lot size, expiry day and margin on NSE shows where to look. New to options? Read option trading for beginners.
Expiry day is the last day a futures or options contract can be traded. After that day, the contract is settled and closes.
Weekly and monthly contracts. A weekly contract expires every week. A monthly contract expires once a month, on the last expiry day of that month.
Trading holiday is a weekday on which the exchange is closed and no trading happens.
Sources
- NSE, Nifty 50 equity derivatives product page, “Expiry Day” for futures and options: https://www.nseindia.com/static/products-services/equity-derivatives-nifty50
- NSE, equity derivatives contract specifications, “Expiry Day”: https://www.nseindia.com/static/products-services/equity-derivatives-contract-specifications
- NSE circular NSE/FAOP/68747, 25 June 2025, “Revision in Expiry Day of Index and Stock Derivatives Contracts - Update”: https://nsearchives.nseindia.com/content/circulars/FAOP68747.pdf
- NSE, trading holidays 2026: https://www.nseindia.com/resources/exchange-communication-holidays
- NSE, option chain, contract expiry dates for NIFTY, BANKNIFTY, FINNIFTY and RELIANCE: https://www.nseindia.com/option-chain
Checked on 4 November 2026
Common questions
Why does the Nifty weekly expiry fall on Monday 9 November 2026?
Nifty 50 weekly options expire on the Tuesday of the expiry week. Tuesday 10 November 2026 is a trading holiday on NSE for Diwali-Balipratipada. NSE's rule says that when the Tuesday of the expiry period is a trading holiday, the contracts expire on the previous trading day, which is Monday 9 November.
Is 9 November the monthly Nifty expiry?
No. 9 November is the expiry of a weekly Nifty 50 options contract. The November monthly Nifty contracts expire on Monday 23 November 2026, because Tuesday 24 November is also a trading holiday on NSE, for Prakash Gurpurb Sri Guru Nanak Dev.
Do Bank Nifty and stock options also expire on 9 November?
No. On NSE's list of contract expiry dates checked on 4 November 2026, the nearest expiry for Bank Nifty, Nifty Financial Services and stock options such as Reliance Industries is Monday 23 November 2026. Only the Nifty 50 weekly options expire on 9 November.
Does the Sensex expiry also move to 9 November?
Sensex contracts trade on BSE, not NSE. They follow BSE's own expiry day and BSE's holiday list, so check BSE's notices for the Sensex expiry date. The NSE rule on this page does not set it.
Is the market open on Tuesday 10 November 2026?
No. NSE's trading holiday list for 2026 shows Tuesday 10 November 2026, Diwali-Balipratipada, as a holiday for the equity and equity derivatives segments.
This page reports what NSE published. It is not a recommendation to buy, sell or hold any security.