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The expiry day of all monthly futures and contracts on five equity indices will be the last Thursday of expiry month with effect from Jan 2, the National Stock Exchange of India said in a circular late Friday. Nifty 50 index's monthly derivatives contracts already expire on last Thursday of expiry month and this expiry day will stay unchanged. But four other indices-Nifty Bank, Nifty Financial Services, Nifty Midcap Select, and Nifty Next 50--on which monthly derivatives contracts are available will each see a change in their expiry days to last Thursday of expiry month from different days.
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